However, while operating conditions continue to change, it is comforting to know that the reliability of key credit fundamental influences remains. While we have touched on certain credit fundamentals, we highlight the more subjective but perhaps the most important aspect of governance within credit analysis that is rising in prominence.
As we have written previously, current market dynamics have caused us to constantly revisit our views of where investors can seek shelter, perhaps more so this year than most.
That said, 2022 so far is but a subset of an extraordinary last two to three years that can only be described as eye-opening at best and volatile at most.
