2021 Q2 Credit Outlook Survey-IACPM News Release
15 July 2021
Default Fears Fade Globally in Latest IACPM Credit Outlook Survey as Government Stimulus Floods Economy; Inflation Remains Major Concern; Temporary Price Increases or Structural Change?
New York, NY – The wall of government stimulus that has flooded markets and the economy has significantly reduced fears of credit defaults globally, according to the latest IACPM Credit Outlook Survey. Respondents, who are credit portfolio managers at major global financial institutions, have a positive outlook for every region of the world and every sector in the survey, except commercial real estate, which is essentially neutral. The Aggregate Credit Default Index is a slightly positive 2.6 in the latest reading versus negative -90.3 at the beginning of the coronavirus pandemic last March.