Lehman and Merrill Lynch Default Risk Charts

I really like Bespoke Investment Group’s Research, so hopefully he doesn’t mind that I republish it.

Lehman and Merrill Lynch Default Risk Charts

By Bespoke Investment Group


Below we highlight default risk charts as measured by 5-year credit default swap prices for Lehman Brothers (LEH) and Merrill Lynch (MER). We also include each company's stock price.

As shown, default risk has increased significantly for both LEH and MER this week, and it is quickly approaching the highs reached in March. While CDS prices aren't at their March highs yet, the stocks are much lower than they were then.

click to enlarge





Please Note!

This is generally never true. Before buying or selling any asset you should do your own research and reach your own conclusion. See my Disclaimer on the bottom for more information.

You are welcome to republish this article, or any portion thereof.
Please, cite the actual/original source. I would be grateful if you could link back.

Google and IBM Estimation Earning Report in the Next Week

I highlight some companies which will report its earning in the next week. Some of them are companies which will have crucial impact to drive the market index sentiment because the companies are become as indicator of consumer spending, credit market and whether the world is in recession, particularly US, or not. The companies are:

• Tuesday: Intel (INTC).
• Wednesday: Wells Farco & Company (WFC), eBay (EBAY).
  
• Thursday: JP. Morgan Chase (JPM), Coca-Cola (KO), Google, Inc. (GOOG), IBM (IBM), Merrill Lynch (MER), and Microsoft (MSFT.
• Friday: Citigroup, Inc. (C).

Stocks highlighted in yellow have generally had the best reports and price reactions in the past.

Source: Bespoke Investment Group.

Please Note!

This is generally never true. Before buying or selling any asset you should do your own research and reach your own conclusion. See my Disclaimer on the bottom for more information.

You are welcome to republish this article, or any portion thereof.
Please, cite the actual/original source. I would be grateful if you could link back.