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Non-Tech : WELLS FARGO
WFC 86.75+1.6%3:21 PM EST
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To: Jaime H. Ayalde who wrote (1055)1/8/1998 6:58:00 PM
From: Barron Von Hymen  Read Replies (1) of 1281
 
Funny thing is, just read article by Morgan Stanley analyst mentioning in Bloomberg that a "good" indicator to follow is the 30 yr bond yields. Says history shows stocks go up when yields fall. Then cautions that history may not be repeated going forward. Problem is the masses will probably fail to see the importance of the latter statement. Don't yields plummett in a recession, but also do stocks? Oooh, it'll be a painful lesson for the ignorant.
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