Markets Insider: Strengthening Credit Quality and Biden’s Massive Infrastructure Plan Is Setting Industrial Stocks up for Further Big Gains

Credit Benchmark’s Credit Consensus Indicator (CCI) data has been highlighted in a story published by Markets Insider (via Business Insider), noting the improving credit conditions and stock gains for US Industrial companies.

Author Carla Mozée notes in the article:

A forward-looking index of credit opinions for industrial companies in March rose to its highest level in 15 months, with improved conditions arriving as shares of industrial firms, as a whole, have outpaced other sectors this year.

The Credit Consensus Indicators index came in at 50.6 in March, the best level since December 2019, said Credit Benchmark, which monitors internal credit risk views from more than 40 global financial institutions. The index in February was at 48.7 and readings below 50 indicate deterioration in credit quality.

Markets Insider, March 25, 2021.

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Credit Benchmark brings together internal credit risk views from over 40 leading global financial institutions. The contributions are anonymized, aggregated, and published in the form of consensus ratings and aggregate analytics to provide an independent, real-world perspective of credit risk. Risk and investment professionals at banks, insurance companies, asset managers and other financial firms use the data for insights into the unrated, monitoring and alerting within their portfolios, benchmarking, assessing and analyzing trends, and fulfilling regulatory requirements and capital.