S&P Global

05/29/2020

The first round of the U.S.’s Paycheck Protection Program to help small businesses may have missed the mark, in terms of geography, industries served, and size. Learn more: http://ow.ly/zu7a50zU9LL

05/29/2020

"I am proud of my Indian heritage so this month represents being able to enjoy being an Indian in America." – Dhruveen Patel (Ratings Operations Specialist, S&P Global Ratings, Centennial)

At S&P Global, we celebrate diversity and inclusion by sharing stories of our people. In celebration of Asian-Pacific American Heritage Month, we reached out to colleagues across the Americas to learn more about history, culture, and achievements that mean so much to them. To learn more about our commitment to an inclusive workforce and APEX, our Employee Resource Group for Asian employees, visit: http://ow.ly/IVx450zRFu0

#ThisIsSPGlobal #InclusionIsEssential

05/29/2020

🎧 Priscilla Luk, Managing Director, Head of Global Research & Design, Asia Pacific at S&P Dow Jones Indices, joins The Essential Podcast to discuss the early signs of an economic recovery in China, the changing relationship between China and emerging markets, and the challenges for deleveraging the Chinese economy during the recovery.

Available on Apple Podcasts, Spotify, and other major podcast destinations: http://ow.ly/xVXA50zU6B8

⏯️ Listen and subscribe to The Essential Podcast, on which host Nathan Hunt explores macroeconomic trends, the credit cycle, climate risk, energy transition, global trade, and other issues of immediate importance to global financial markets in interviews with subject matter experts from around the world.

05/29/2020

After 2.1 million Americans filed first-time jobless claims in the week ended May 23, the total number of workers who have sought unemployment insurance since the pandemic took hold of the country in mid-March topped 40 million, according to U.S. Department of Labor data released Thursday.

Continuing claims, or people who have collected benefits for at least two weeks, dropped by nearly 4 million from the previous week, to 21.1 million, signaling that states’ lifted lockdowns have allowed more people to return to work.

Read more on how unemployment woes are persisting for U.S. workers in today's May 29 #COVID19 Daily Update: http://ow.ly/1i9G50zTbfg

05/28/2020

"Every day, but particularly during Asian-Pacific American Heritage Month, I pay homage to my great-grandparents, grandparents and parents who made their way from China to bestow a better life for their children, family and future generations." – Christina Wong (Manager, Global Risk Management Operations, S&P Global Ratings, New York)

At S&P Global, we celebrate diversity and inclusion by sharing stories of our people. In celebration of Asian-Pacific American Heritage Month, we reached out to colleagues across the Americas to learn more about history, culture, and achievements that mean so much to them. To learn more about our commitment to an inclusive workforce and APEX, our Employee Resource Group for Asian employees, visit: http://ow.ly/M0i350zREZR

#ThisIsSPGlobal #InclusionIsEssential

05/28/2020

The coronavirus pandemic is sure to keep the global community in limbo over how to navigate the changing economy—with human safety indeterminate, markets remaining volatile, and no precedent to guide the way forward. In the immediate term, as developed economies in particular loosen their virus-containment measures, companies are planning the future for their workforces against a backdrop of uncertainty.

Read more about the future of work when the future is uncertain in today's May 28 #COVID19 Daily Update: http://ow.ly/sqVD50zSGIm

05/27/2020

“I was commissioned as an officer from West Point in 1987 and I served for 20 years in the Army. That service was a family affair, as I was married to Victoria in November 1987 and we raised three children across countries and parts of the US where the Army sent us.” - Shaun Wurzbach, Managing Director, FA Channel Management, S&P Dow Jones Indices, New York

At S&P Global, we celebrate diversity and inclusion by sharing stories of our people. In celebration of Military Appreciation Month, we reached out to colleagues across the U.S. – including veterans and military spouses – to learn more about what this observance means to them. To learn more about how we support our veterans and the VALOR Employee Resource Group, visit http://ow.ly/spSx50zRGZI #ThisIsSPGlobal #InclusionIsEssential

05/27/2020

Even as signs of normalization from the coronavirus-caused economic downturn sprout across certain countries and sectors, the pandemic is pressuring regional banking sectors as they balance declining asset quality and creditworthiness with increasing demand for commercial and consumer lending.

Of the 41 publicly traded U.S. banks that reported a net loss in the first quarter, Texas-based Comerica Inc., which holds $76.34 billion in assets, reported the largest net loss—of $65 million in lost profits—largely driven by a $411 million provision for credit losses and up from a reserve release of $13 million a year ago.

Many U.S. banks built up their cash reserves prior to the pandemic. Analysts believe that a recovery in the second half could turn those reserves into profits, after loan-loss provisioning dents banks’ earnings in the first half, according to S&P Global Market Intelligence.

Read more in today's May 27 #COVID19 Daily Update: http://ow.ly/G26c50zRREA

05/27/2020

"I’m very happy we get celebrated this way, for me Asian American Heritage Month allows a non-dominating culture to have deep impact on culture at large." – Jyothi Tulluru (Senior Quality Engineer, S&P Global Market Intelligence, Centennial)

At S&P Global, we celebrate diversity and inclusion by sharing stories of our people. In celebration of Asian-Pacific American Heritage Month, we reached out to colleagues across the Americas to learn more about history, culture, and achievements that mean so much to them. To learn more about our commitment to an inclusive workforce and APEX, our Employee Resource Group for Asian employees, visit: http://ow.ly/nLpE50zRBNH

#ThisIsSPGlobal #InclusionIsEssential

05/27/2020

Introducing S&P Global Marketplace, your discovery tool for differentiated data and solutions. Streamline your data discovery process, start exploring today: http://ow.ly/chFu50zRzOI

05/26/2020

"Asian-Pacific American Heritage Month gives me an opportunity to celebrate my Chinese heritage that I’m so proud of." – Lingli Zhou (Senior Manager, Data Operations, S&P Global Platts, New York)

At S&P Global, we celebrate diversity and inclusion by sharing stories of our people. In celebration of Asian-Pacific American Heritage Month, we reached out to colleagues across the Americas to learn more about history, culture, and achievements that mean so much to them. To learn more about our commitment to an inclusive workforce and APEX, our Employee Resource Group for Asian employees, visit: http://ow.ly/pwIi50zQBIT

#ThisIsSPGlobal #InclusionIsEssential

05/26/2020

S&P Global Platts

Jim Rogers talks winners and losers, dark clouds and silver linings amid #COVID19 on the latest Commodities Focus episode.

Jim Rogers talks winners and losers, dark clouds and silver linings amid #COVID19 on the latest Commodities Focus episode.

🎧 Listen to the full podcast here (13:50): http://plts.co/TCBj50zFN85

#coronavirus #energy #commodities #trading

05/26/2020

While Asian countries, E.U. nations, and U.S. states piece together playbooks for reopening their respective economies, Latin America is facing the worst of the pandemic as infections surge across the region.

Since Brazil confirmed its first infection on February 26, approximately 375,000 cases have been reported in the country, according to Johns Hopkins University data. Experts believe the total is dramatically higher due to underreporting in the rainforest communities, provincial towns, and favela settlements.

Energy and banking sectors within the country are navigating the economic uncertainty and market volatility brought on by the current crisis. S&P Global Ratings forecasts this year Brazil’s GDP will contract 4.6% and the Latin American region GDP as a whole to shrink 5.2%.

Read more in today's #COVID19 Daily Update: http://ow.ly/4rCT50zQElm

05/22/2020

"Along with being grateful for the sacrifices that my husband has made for this country and his passion for keeping us safe, the friendships we’ve made are something I will have forever." – Lauren Washington (Global Lead, People Movement Infrastructure, Corporate, Charlottesville)

At S&P Global, we celebrate diversity and inclusion by sharing stories of our people. In celebration of Military Appreciation Month, and with Memorial Day just around the corner, we reached out to colleagues across the U.S. – including veterans and military spouses – to learn more about what this observance means to them. To learn more about how we support our veterans and the VALOR Employee Resource Group, visit http://ow.ly/OVDI50zKO4J #ThisIsSPGlobal #InclusionIsEssential

05/22/2020

As all 50 U.S. have relaxed their coronavirus-containment measures—to varying degrees—the international community is watching the world’s biggest economy as it reignites activity.

In nine weeks, a total of 38.6 million Americans filed for unemployment benefits—with 2.4 million people submitting applications in the week ended May 16. The pandemic is disproportionately affecting communities of color in the U.S. and shining a stronger spotlight on the intersections of race, health, and socioeconomic inequality.

Driving, walking, the visiting of parks, and other mobility is increasing as states lift restrictions, new business applications and mortgage applications are appearing, and consumer confidence seems to have stabilized, according to S&P Global Ratings' Chief U.S. Economist Beth Ann Bovino.

Read more in today's May 22 #COVID19 Daily Update: http://ow.ly/6tzn50zNWeC

05/21/2020

"In May I think back on my Military Career and remember the many Soldiers I served with who had a significantly positive impact on my career and life." – Robert Stahle (Director, Procurement Operations, Corporate, New York)

At S&P Global, we celebrate diversity and inclusion by sharing stories of our people. In celebration of Military Appreciation Month, and with Memorial Day just around the corner, we reached out to colleagues across the U.S. – including veterans and military spouses – to learn more about what this observance means to them. To learn more about how we support our veterans and the VALOR Employee Resource Group, visit http://ow.ly/6TrQ50zKNtI #ThisIsSPGlobal #InclusionIsEssential

05/21/2020

🎧Steven Bullock, Head of Research at Trucost, joins The Essential Podcast to discuss the benefits of resilience in the face of risk and reasons for hope and caution on issues of climate change and carbon in a restarting global economy.

⏯️Listen and subscribe on Spotify, Apple Podcasts, and Google Podcasts: http://ow.ly/JjRa50zMZ0F

05/21/2020

The role of central banks in society was transformed in months as the coronavirus pandemic froze economic activity and turned the heat up on companies and countries’ access to liquidity.

The U.S. Federal Reserve, European Central Bank, and other monetary policy authorities are providing immediate stimulus relief to enterprises and markets during the current downturn.

As assets on the balance sheets of the Fed, ECB, Bank of England, and Bank of Japan near $20 trillion, extraordinary actions from central banks may test their independence in the long-term.

Read more in today's #COVID19 Daily Update: http://ow.ly/JIBQ50zMcZH

05/21/2020

Vote today! Although the world around us has changed, S&P Global Market Intelligence's commitment to delivering you essential insights hasn’t. You’ve made us better by using our products and providing us with your invaluable feedback, please continue to show your support by casting your vote. http://ow.ly/8e5L50zJDZ4

05/20/2020

When my husband was deployed last year, my parents, in-laws, siblings, friends, and coworkers all chipped in to help me and our two young boys in many ways. – Michelle Patterson (Associate Director, Customer Experience, Brand & Adoption, S&P Global Market Intelligence, Washington, D.C.)

At S&P Global, we celebrate diversity and inclusion by sharing stories of our people. In celebration of Military Appreciation Month, and with Memorial Day just around the corner, we reached out to colleagues across the U.S. – including veterans and military spouses – to learn more about what this observance means to them. To learn more about how we support our veterans and the VALOR Employee Resource Group, visit http://ow.ly/dayQ50zKMyE #ThisIsSPGlobal #InclusionIsEssential

05/20/2020

Carbon emissions fell a colossal 17% in April from a year earlier, according to an international study in the journal Nature Climate Change that analyzed daily CO2 emissions from 69 countries, all 50 U.S. states, and 30 Chinese provinces—in total representing 85% of the global population and 97% of global CO2 emissions.

By the end of this year, global emissions could decline 4.4% to 8%, according to the study. The International Energy Agency also forecasted that carbon emissions will fall an estimated 8% this year. The International Monetary Fund projected that the coronavirus-caused emissions decline this year could total 5.7%.

Navigating sustainable growth, with continued reduced emissions, represents an opportunity and a challenge as the world emerges from sheltering in place and works to recover lost economic momentum. Read more in today's May 20 #COVID19 Daily Update: http://ow.ly/wgPW50zL7kG

05/20/2020

While the opportunity to Build Back Better gains momentum, #ESG funds continue to outperform the wider market. Join Lauren Smart, Manjit Jus, and James Salo for a discussion of the "Multiple Layers of ESG Insight" and the new S&P Global ESG Scores: http://ow.ly/wtv350zKAzy

05/19/2020

After decades of liberalized global trade, an influx of protectionist policies may emerge in the post-COVID world.

Global importers stocked up on wheat products in March, which ultimately pushed prices higher. Corn prices have plummeted to multiyear lows as the pandemic destroyed ethanol demand. Countries from Argentina to Morocco to Russia have enacted quotas or bans on certain exports, including grains and soybeans. Enforcing virus-containment measures has disrupted the world’s top agriculture producers from conducting normal operations.

Read more in today's #COVID19 Daily Update: http://ow.ly/s8qE50zKKcp

05/18/2020

Reid Steadman, Head of ESG Indices at S&P Dow Jones Indices, joins The Essential Podcast to discuss the role of #ESG in the midst of the global pandemic and a major economic slowdown.

Listen and subscribe to learn how the experience of the lockdown may prepare us for further action on ESG, and what the ESG market can do to expand its reach and appeal: http://ow.ly/bisf50zHLLX

05/18/2020

This morning, S&P Global officially launched its new #ESG scores, based on 20 years of SAM Corporate Sustainability Assessment (CSA) data, within S&P Global Market Intelligence's Xpressfeed™. Read the press release here: http://ow.ly/oEb450zJ56j

Today S&P Global will be sharing research, insights, & resources from across our business to show the multitude of #ESG factors that can impact this score, from climate risk and SDGs to the impact of #COVID19. Visit our Twitter at @SPGlobal or our LinkedIn page to follow along.

05/15/2020

S&P Global CEO breaks down how the corporate debt market operates

Did you miss S&P Global CEO Doug Peterson on CNBC's Mad Money with Jim Cramer? Doug discussed the increased demand for essential intelligence in a volatile time, the ways our research and outlooks have evolved, and more. Watch the full clip: http://ow.ly/POlp50zH9IW

S&P Global CEO Doug Peterson explained why the market is defined by liquidity and the rating agency is seeing heavy demand for research.

05/15/2020

As lifted lockdowns aim to soften some short-term economic pain caused by the coronavirus pandemic, the outlook for the global economy continues to deteriorate. The number of potential fallen angels has climbed to 111 issuers globally as the pandemic impacts credit conditions and heightens economic and financial pressures.

Read today's May 15 #COVID19 Daily Update: http://ow.ly/SI8J50zGOKD

05/14/2020

While OPEC would need to practically halve its production to balance the market, S&P Global Platts reports that the organization is unlikely to take such aggressive action—yet looks to be hoping for a recovery toward the end of this year that will bolster demand and consumption.

Many OPEC+ delegates told S&P Global Platts they are waiting to see additional data on the pandemic’s effects before considering further production cuts, and that no discussions on output strategies are underway ahead of the upcoming June 10 meeting to evaluate the market.

Read more in today's May 14 #COVID19 Daily Update: http://ow.ly/tSEp50zGjS5