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Rising Stars are a Bright Spot in 2022

Two-column chart numbers of rising stars and fallen angels yearly. Chart subtitle: The number of rising stars has outweighed the number of fallen angels so far this year. Chart visual description: X-axis years begin in 2011 and continue annualy through 2022 YTD (November 2022). Y-axis ranges 0 to 60. Each year has a column for rising stars in light blue and a column for fallen angels in dark teal. Chart data description: In 2022 YTD category, both columns match 2021’s counts, with 26 rising angels and 10 fallen angels. 2020 represented a peak for the period shown in fallen angels, with 51. Peak for rising stars was in 2014 at 39. For all years shown except 2016, 2017, and 2020, there were more rising stars than fallen angels. Chart source: J.P. Morgan, Moody’s Investors Service, S&P as of November 4, 2022. End chart description. See disclosures at end of document.
Posted on November 16, 2022November 16, 2022 Full size 1911 × 1033

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