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Credit Currents - Moody's Ratings

Giulia Calcabrini, Chandra Ghosal, Patrick Ronk
China
Emerging Markets
Greenhouse Gas Emissions
Latin America
National Oil Companies
India
Carbon Neutrality
South Africa
Moody's Ratings
Middle East
Argentina
Turkey
Renewable Energy
Fossil Fuels
Petrobras
Pemex
Ecopetrol
YPF
Kenya
Moody's Global Emerging Markets Event

Join Moody’s Ratings’ analysts every other Thursday as they break down the biggest stories in credit and why they matter.

PublishesTwice monthlyEpisodes119Founded6 years ago
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Business NewsInvestingBusinessNews

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Artwork for Credit Currents

Latest Episodes

Instant, low-cost cross-border payments are moving closer to reality as blockchain, stablecoins and tokenization reshape financial infrastructure. This episode explores how distributed ledger technology can enable faster, more transparent transaction... more

Is the US economy increasingly dependent on high-income consumers?

In this episode of “Credit Currents,” Mark Zandi, Chief Economist at Moody’s Analytics, and Atsi Sheth, Chief Credit Officer at Moody’s Ratings, examine the reality of the K-shaped e... more

Private credit has hit a speed bump in the US, where the market is rapidly pivoting from growth to stricter risk discipline.

At our flagship “Credit Frontiers” event, we sat down with Moody’s leaders to discuss what’s behind these “bad vibes” about ... more

What comes next for sustainable finance debt markets?

The energy transition’s momentum has shifted towards more pragmatic rationales, including energy security, sovereignty and critical supply chain resilience.

In this episode, we discuss why, desp... more

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Recent Guests

Mark Zandi
Chief economist at Moody's Analytics
Moody's Analytics
Episode: Why the K-Shaped Economy Threatens US Growth
Atsi Sheth
Chief Credit Officer at Moody's Ratings
Moody's Ratings
Episode: Why the K-Shaped Economy Threatens US Growth
Marc Pinto
Global Head of Private Credit, Moody's Ratings
Moody's
Episode: Private Credit: “Bad Vibes” and the Changing Conversation
David Hamilton
Managing Director, Moody's Analytics, asset management research
Moody's Analytics
Episode: Private Credit: “Bad Vibes” and the Changing Conversation
Rahul Ghosh
Heads up at Sustainable Finance Thought Leadership
Sustainable Finance Thought Leadership
Episode: An Era of Pragmatic Transition: What’s Next for Energy Markets
Donald Robertson
Co-leads Moody's banking coverage
Moody's Ratings
Episode: Stablecoins, Tokenization and the Future of Finance
Megan Fox
Associate Managing Director in Moody's Financial Institutions Group
Moody's Ratings
Episode: Banking Rules are Changing: Here’s Why it’s Net Negative for Credit
Nick Hill
Head of the credit strategy and guidance team
Moody's Ratings
Episode: US-Iran Ceasefire: The Risks Affecting Credit Markets
Emile El Nems
Senior Credit Officer in Moody's Corporate Finance Group
Moody's Ratings
Episode: Why Netflix is Still a Winner After Bidding War with Paramount

Reviews

5.0 out of 5 stars from 39 ratings
  • Excellent Insight

    Great podcast, great host

    Apple Podcasts
    5
    Glen Jimbo
    Canada6 years ago
  • Fantastic conversation on Emerging Markets

    This is great! I was able to get a quick concise overview of EM in this podcast. A very interesting take on names that might have problems in the coming months.

    Apple Podcasts
    5
    John Shelburne
    United States6 years ago

Listeners Say

Key themes from listener reviews, highlighting what works and what could be improved about the show.

Excellent insight into credit markets and risk management from a credible host.
High-quality analysis on regulatory and market structure shifts affecting credit risk.
Conversations are concise and informative, great for quick takeaways on EM and macro themes.
Guests bring practical expert perspectives that help translate headlines into credit implications.

Chart Rankings

How this podcast ranks in the Apple Podcasts, Spotify and YouTube charts.

Apple Podcasts
#20
Poland/Business/Investing
Apple Podcasts
#110
Poland/Business
Apple Podcasts
#221
Hong Kong/Business/Investing
Apple Podcasts
#237
South Korea/Business/Investing

Talking Points

Recent interactions between the hosts and their guests.

Why the K-Shaped Economy Threatens US Growth
Q: Given the data, what does this mean for the probability of a recession?
The discussion suggests that the probability is not determined by a single factor, but the economy's sensitivity to the top income cohort and financial conditions means a shock to stock wealth, credit conditions, or energy costs could tighten demand and raise the risk of a downturn.
An Era of Pragmatic Transition: What’s Next for Energy Markets
Q: How do you view the pace of energy transition amid shifting government priorities and geopolitical tensions?
The transition is ongoing but increasingly internationalized and pragmatic: governments balance decarbonization with energy security and price stability, while private finance backs both renewables and transition assets like natural gas where appropriate.
Stablecoins, Tokenization and the Future of Finance
Q: What are the system-level risks Moody's is watching with stablecoins and tokenized assets?
Risks include private, non-central bank issuance of stablecoins, potential monetary policy challenges in economies relying on pegged currencies, and the need for coordinated regulatory rails.
Stablecoins, Tokenization and the Future of Finance
Q: Can you pinpoint a specific component of the financial system that could be first to digitize or tokenize?
Cash equities and other highly liquid assets are seen as prime initial targets for digitization, with exchanges and clearinghouses preparing to pilot tokenized, traded, and cleared instruments.
Stablecoins, Tokenization and the Future of Finance
Q: What's behind the push toward stablecoins and digital finance in policy circles?
The host and guest discuss regulatory clarity and admin policy efforts (e.g., the Genius Act) accelerating digitalization and the push for stablecoins to facilitate new forms of payments and settlement.

Audience Metrics

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Frequently Asked Questions About Credit Currents

What is Credit Currents about and what kind of topics does it cover?

This show provides in-depth discussion on credit markets, with a focus on private credit, banking regulation, sustainable finance, and the evolving landscape of media and technology finance. Episodes typically feature Moody's Ratings analysts offering data-backed context on risk, liquidity, and capital dynamics, often linking regulatory shifts, geopolitical events, and macro trends to credit outcomes. Noteworthy strengths include pragmatic takes on transition strategies (e.g., energy and sustainability financing), a clear emphasis on how policy and market structure affect credit risk, and practical implications for issuers and investors across US and international markets.

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Which podcasts are similar to Credit Currents?

These podcasts share a similar audience with Credit Currents:

1. Moody's Talks - Inside Economics
2. The Credit Edge by Bloomberg Intelligence
3. Making Sense
4. Exchanges
5. FICC Focus

How many episodes of Credit Currents are there?

Credit Currents launched 6 years ago and published 119 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

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What guests have appeared on Credit Currents?

Recent guests on Credit Currents include:

1. Mark Zandi
2. Atsi Sheth
3. Marc Pinto
4. David Hamilton
5. Rahul Ghosh
6. Donald Robertson
7. Megan Fox
8. Nick Hill

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