Lehmann Livian Fridson Advisors LLC

A huge spike in the Chesapeake Energy Corporation (NYSE: CHK) insurance on senior five-year bond default cost index this week indicates that investors are growing increasingly pessimistic about the company’s ability to avoid default. Shares of the company’s common stock fell 33 percent...

In a new report, Marty Fridson, CIO at Lehmann Livian Fridson Advisors LLC – a wealth management fund specializing in income investing, focuses on speculative high-yield corporate bonds. Fridson has crunched the numbers and has determined that the market is currently pricing in a 44 percent...

The market is currently pricing in a larger, 12-month speculative-grade bond default rate than Moody’s is forecasting. Marty Fridson believes that this disparity is because Moody’s is not accounting for the extreme distress in the energy and metals and manufacturing sectors. The high-...

In a new report, Marty Fridson – chief investment officer for Lehmann Livian Fridson Advisors LLC, a wealth management firm specializing in income investing – discussed an alternate formula for estimating market-implied 12-month high-yield default rate. Fridson explained why he...