Private credit is not currently a systemic risk, but evolving structures, new asset classes and growing interconnectedness require careful monitoring.

The recently announced US tariffs on imports from Mexico, Canada and China highlight that the Trump administration will threaten, and may be willing to deploy, a much more aggressive trade policy than envisaged in Fitch’s baseline assumptions.

This video details the various rating products offered by Fitch, such as long-term and short-term ratings, local-currency and foreign-currency ratings, and recovery ratings. It also explains the distinctions between rating outlooks and watches.

Fitch's risk analysis is forward-looking and seeks to maintain rating stability through cyclical shocks. This video explains how the "through the cycle" concept is applied in forecasting and how the rating horizon varies across different sectors.

Credit ratings express risk using a relative ranking system rather than predicting precise numerical probabilities of default. This video explains the key reasons why credit ratings are presented as an ordinal measure rather than a cardinal one.

This video covers the basics of credit ratings, explaining how they are determined and the types of risks they assess. It also discusses instrument ratings and provides insights into understanding recovery ratings.

In this video, our senior analyst takes stock of the key drivers impacting the global sukuk market and share their outlook for the rest of 2025. Here is Saif Shawqi.

The emergence of DeepSeek, a Chinese AI model demonstrating higher efficiency than prevailing models, highlights the risk of AI infrastructure overcapacity if the current pace of investment continues.

Join Justin Patrie, Head of Credit Commentary & Research, and Meghan Neenan, Head of North America NBFI, as they review 2024's private credit trends, including the growth of asset-based finance, and discuss outlooks on the sector for 2025.

A fireside chat on Fitch’s 2025 credit outlook for China’s sovereign, corporate, local government and banking sectors with Jeremy Zook, Ying Wang, Samuel Kwok and Grace Wu.