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Artwork for Moody’s Talks – The Big Picture
Private Credit
Global Economy
Artificial Intelligence
Interest Rates
China
Moody's
Europe
Tariffs
Emerging Markets
Semiconductor Industry
Inflation
US Economy
Climate Change
Geopolitical Risk
European Union
Israel-Hamas Conflict
Data Centers
Geopolitical Tensions
Geopolitics
Israel

On Moody’s Talks – The Big Picture, hosts William Foster, Paloma San Valentin and Gabriel Agostini bring you insights from Moody’s analysts around the world on hot topics across fixed-income markets. Each episode will illuminate Moody’s thinking on the latest credit and economic developments, ranging from technological disruption, political shifts, to climate change. Please join us as we explore w... more

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Artwork for Moody’s Talks – The Big Picture

Latest Episodes

Faced with slowing domestic growth and rising geopolitical tensions, China is changing its export strategy and selling different things, to different customers, in different places.

Electric vehicles, solar panels and AI-enabled services are replaci... more

YouTube

Emerging markets have weathered a string of global shocks since 2019 with more resilience than in past cycles, supported by stronger policy frameworks, deeper local markets and larger buffers.

We discuss why credit outcomes are increasingly uneven a... more

The private credit market has morphed into a powerhouse, deriving its allure from low volatility, stable and high predictable returns.

But less than a year after the so-called “golden age” of private credit, the asset class is now grappling with a p... more

YouTube

Streaming giant Netflix withdrew its bid for Warner Brothers Discovery on the eve of this year’s Oscars, but it doesn’t mean Paramount has won the battle for dominance over the media landscape. Regulators still must approve the deal, and Paramount’s ... more

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Recent Guests

Ariane Ortiz-Bollin
Associate Managing Director in Sovereign Risk Group
Moody's Sovereign Risk Group
Episode: Emerging Markets and Global Shocks: Why Credit Outcomes Are Uneven
Marc Pinto
Head of Private Credit
Moody's
Episode: Why Private Credit’s Volatility Won’t Stop Growth
Emile El Nems
Senior Credit Officer in Moody's Corporate Finance Group; covers media, entertainment and telecom issuers including Netflix and Warner Brothers Discovery
Moody's
Episode: Why Netflix is Still a Winner After Bidding War with Paramount
Atsi Sheth
Chief Credit Officer
Moody's
Episode: US Tariffs Under IEEPA Struck Down: What’s Next for Credit
Ana Rayes
Vice President from Sustainable Finance Team
Moody's
Episode: AI, the Future of Work, and the Risks for Governments
Elisa Parisi-Capone
Vice President from Sovereign Risk Group
Moody's
Episode: AI, the Future of Work, and the Risks for Governments
Fabian Astic
Managing Director of the Digital Economy Group at Moody's
Moody's
Episode: Outlooks 2026: How New Digital Systems Will Transform Credit Markets
Lesley Ritter
Head of the team for cyber credit risk at Moody's
Moody's
Episode: Outlooks 2026: How New Digital Systems Will Transform Credit Markets
Chris Padgett
Associate Managing Director in the Corporate Finance Team at Moody's
Moody's
Episode: The Private Credit Surge: What’s Next?

Hosts

Bill Foster
Host of The Big Picture, Moody's (Analytics/Investors Service)
Paloma San Valentin
Host of The Big Picture, Moody's
Colin Ellis
Host of The Big Picture, Moody's

Reviews

4.8 out of 5 stars from 24 ratings
  • Go Gabe

    Smartest guy in our class at SIPA, great job hosting this!

    Apple Podcasts
    5
    vaishalilara
    United States4 months ago

Listeners Say

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Very strong host interview quality and clear value for listeners.
Go Gabe — Smart, concise, and insightful hosting.
Shows credible guests and crisp, data-driven discussion.

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Talking Points

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Emerging Markets and Global Shocks: Why Credit Outcomes Are Uneven
Q: Can you give us a bit more insight into how you think about resilience and the credit worthiness of governments over the last few decades?
Resilience comes from two key things: stronger institutions and buffers. Credible policy frameworks, fiscal anchors, and flexible exchange rates—paired with diversified funding and local market depth—allow EMs to absorb shocks, adjust policy gradually, and maintain investment-grade status in many cases.
Why Netflix is Still a Winner After Bidding War with Paramount
Q: What are those new drivers of the Paramount-Warner Brothers car going to have to do to catch up to Netflix?
They would need to leverage synergies, improve profitability through cost efficiency, and compete on scale and content quality, but catching up to Netflix remains difficult given Netflix's subscriber base and ongoing engagement growth.
Why Netflix is Still a Winner After Bidding War with Paramount
Q: Why does Netflix want to buy Warner Brothers? Or why did they want to buy Warner Brothers?
The host and guest discuss it as a mix of defensive and offensive strategy, including prestige, access to IP, and the potential for synergies, but ultimately the move depends on execution and competitive dynamics rather than just owning a major studio.
AI, the Future of Work, and the Risks for Governments
Q: How do you model the labor market exposure to AI in advanced versus emerging economies?
Exposure and complementarity vary by economy: advanced economies show higher potential productivity gains from AI on a per-occupation basis, while emerging markets may experience different patterns due to composition and skill levels, with about a third of occupations exposed to automation in advanced economies and a similar share to augmentation.
AI, the Future of Work, and the Risks for Governments
Q: Ana, what is AI and why are we talking about it now?
AI is accelerating beyond rule-based systems to generate content and insights across thinking tasks, with the momentum driven by massive investments from hyperscalers and broad applicability across industries, which makes the current moment uniquely transformative for labor and productivity.

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Frequently Asked Questions About Moody’s Talks – The Big Picture

What is Moody’s Talks – The Big Picture about and what kind of topics does it cover?

This program provides in-depth, analyst-led insights into fixed-income markets, macro policy, and the evolving credit landscape. Episodes frequently center on sovereign risk, private credit dynamics, and the influence of tech disruption, AI, and climate policy on creditworthiness. A consistent strength is the ability to translate complex financial constructs into actionable takeaways for investors, financial institutions, and corporate decision-makers. Notable is the balance between macroeconomic context and granular asset-class analysis, with frequent guests from Moody's risk teams offering practical perspectives on market resilience, regulatory changes, and new financial architectures. The show also tends to spotlight how policy shifts an... more

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1. Moody's Talks - Inside Economics
2. Exchanges
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Moody’s Talks – The Big Picture launched 5 years ago and published 83 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 Moody’s Talks – The Big Picture?

Recent guests on Moody’s Talks – The Big Picture include:

1. Ariane Ortiz-Bollin
2. Marc Pinto
3. Emile El Nems
4. Atsi Sheth
5. Ana Rayes
6. Elisa Parisi-Capone
7. Fabian Astic
8. Lesley Ritter

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