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.
