USBAM comments on recent Fitch Ratings action on the United States
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The annual Shared National Credit Program results reveal elevated levels of potentially problematic commercial loans in the system relative to pre-2008, although the riskiest exposure has moved away from traditional banks.
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Automaker profitability to remain under pressure from strict regulatory requirements and the need to adapt to rapid technological changes.
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Slowing global economic growth combined with trade tensions are starting to pressure automaker profitability.
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