Wobbly Bonds Hint Stocks May Fall But Bulls Say It Isn't So.

The article discusses the possible impact of a decline in bond prices on the stock market in the U.S. in 1952. It presents an analysis of the charts prepared by this periodical on the movements of bonds and stocks in 1929, 1937 and 1946. It discusses how declining bond prices and rising stock values narrowed the spread between bond and common stock yields in 1951, and the impact of various factors such as high operating costs, wage rises and demands for new capital on the narrowing of spread.