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The Ratings View: Feb. 15, 2024

In this week's summary of ratings views: Corporate results to date suggest that earnings are stabilizing. There were 14 global corporate defaults in January, well above the long-term average. Information Technology (IT) spending is turning a corner. Also: pressures on U.S. auto sales, sustainable bond issuance, updated commodity price assumptions, EM credit conditions, and the impact of migrants and asylum seekers on U.S. local government finances.

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