Gimme Credit

What’s the outlook for US corporate bonds in 2025? With the Fed signaling possible rate cuts in late 2025, investment-grade bonds could benefit as yields stabilize, while high-yield bonds face greater scrutiny amid slower economic growth and default risks. At Gimme Credit, our independent research focuses on fundamentals to help you find opportunities and avoid pitfalls in the year ahead. #CorporateBonds #2025Outlook #FixedIncome #BondMarketInsights #GimmeCredit

“They were dead-set against it, because, of course, they had incentive for it to not happen,” Gimme Credit Analyst, Evan Mann said of the Ohio steelmaker.: Pittsburgh Post-Gazette, 12/24/24 https://hubs.la/Q030P4hH0 #gimmecredit #corporatebondresearch #inthenews

Have you ever wondered what sparked the explosion of the corporate bond market? The answer lies in deregulation. Over the late 20th century, financial rules were loosened, culminating in the repeal of the Glass-Steagall Act in 1999, which allowed banks to underwrite and trade corporate bonds freely. This change unlocked new opportunities for companies to raise capital. However, the groundwork was laid even earlier, during the high-interest-rate environment of the 1980s, when corporations increasingly turned to bonds as an alternative to expensive bank loans. The rise of high-yield bonds also brought new issuers into the market. Deregulation didn’t just open the door—it revolutionized how companies fund their growth, transforming the corporate bond market into a cornerstone of modern finance. How big is this market? As of 1 November 2024, the total value of US corporate bonds outstanding was a staggering $11 trillion! #GimmeCredit #CorporateBondMarket

The uncertainty surrounding credit ratings, particularly in the BBB space, continues to be a talking point in corporate bond markets. With major agencies sometimes offering conflicting views, it raises the question: are these traditional ratings fully capturing the evolving risk landscape? At Gimme Credit, our in-house approach is designed to cut through that uncertainty. By focusing on issuer fundamentals, market trends, and a forward-looking view, we aim to provide a clearer picture of credit risk—one that isn’t tied to outside agency methodologies. As BBB-rated bonds now dominate global issuance, there is growing concern about whether ratings capture the underlying risk. Our in-house credit scoring system is more reflective of the markets today, giving us an advantage over our competitors. #GimmeCredit #CreditScore #CorporateBonds

At Gimme Credit, we know the best investment decisions come from the perfect combination of cutting-edge data and unparalleled analyst expertise. Our data-driven research leverages advanced analytics to identify trends, assess risks, and uncover opportunities. But it’s our team of seasoned analysts who turn that data into actionable insights, drawing on decades of experience to provide context, clarity, and perspective. Markets evolve, but our commitment to delivering the highest level of research remains constant. With Gimme Credit, you get the precision of technology paired with the wisdom of experience—helping you stay ahead in the dynamic world of corporate bonds. #GimmeCredit #BondMarketInsights #DataAndExperience #CuttingEdgeResearch

According to Gimme Credit analyst Dave Novosel, Nvidia is anticipated to generate $62 billion in free cash flow in the upcoming fiscal year: Cryptopolitan, 12/17/24 https://hubs.la/Q030lvGS0 #gimmecredit #corporatebondresearch #inthenews

It could simply be Pfizer is "too big to scare," Carol Levenson, Gimme Credit Director of Research: Investor's Business Daily, 12/18/24 https://hubs.la/Q030dFzy0 #gimmecredit #corporatebondresearch #inthenews

Event risk can profoundly impact #corporatebond portfolios, from unexpected earnings announcements to shifts in the regulatory landscape. Proactively managing these #risks is essential for preserving value and identifying opportunities. At #GimmeCredit, our analysts evaluate potential scenarios and their impact on corporate bonds, focusing on the most likely outcomes and assessing relative value against risk. This approach equips clients with actionable insights to make informed decisions before the market reacts. Whether it’s identifying emerging risks or understanding their implications, our #research empowers investors to navigate uncertainty with confidence.

"We would rather have seen Kroger's free cashflow used for a diversifying and cashflow-additive acquisition than for share repurchases," Carol Levenson, Chief Research Officer at Gimme Credit: IFR News, 12/14/24 https://hubs.la/Q0303mJV0 #gimmecredit #corporatebondresearch #inthenews

“Walmart U.S. reported sales growth of a robust 5.3%, the best in five quarters. This is well ahead of any other major retailer...” Gimme Credit Director of Research, Carol Levenson: Barron's, 12/14/24 https://hubs.la/Q02_ZVqR0 #gimmecredit #corporatebondresearch #inthenews