Wall Street Webcasting Presents: Wells Fargo Securities: “The Tone of the Financial Markets is Cautious and Defensive Heading

  Wall Street Webcasting Presents: Wells Fargo Securities: “The Tone of the
  Financial Markets is Cautious and Defensive Heading into September FOMC
  Meeting.”

Business Wire

NEW YORK -- August 28, 2013

Wall Street Webcasting has prepared and provided for you an exclusive
broadcast of Wells Fargo Securities own, Rich Gordon. Gordon is highly
recognized for his weekly narrates regarding the fixed income strategy at
Wells Fargo Securities (NYSE: WFC). This week, Gordon discusses the inflection
of the market as the summer winds down and the commencement of the fall months
draw near.

The month of August was described as being more reserved than the preceding
summer months. The prices of stocks and bonds continuously moved lower in the
past few weeks of August. The S&P Index closed the week with a marginally
improved performance compared to the beginning of the week, but nothing even
close to its performance observed through the month of July.

The equity markets obtained sluggish achievements so far in the month of
August, which offered numerous opportunities for treasuries to recover some of
its losses after what has been described as being “one of the worst 6 month
performances in history.” However, they failed to take advantage of these
opportunities, proving that this “secure” investment, isn’t so secure.

Stock performance has surpassed that of bonds by more than 30% this year:
“both stock prices and bond yields have done most of the moving for this year
already.” The ratio has moved continuously in favor of stocks throughout the
year. However, this seems to have been suspended. We wonder what trade pattern
hedge funds will follow come September.

To learn more about what predictions Wells Fargo Securities’ economists have
for the market, with the end of August drawing near, please tune into their
latest video.

Please visit the following link to view the video:

http://www.wsw.com/webcast/wav/

Contact:

Wall Street Webcasting
Heather N. Capizzi, 201-683-2100
 
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