Ever Merton's disciple, Rosenfeld wanted random investment dice, and it was hard to imagine that the spreads, between stocks would widen at the same moment as the spreads between mortgages or the spreads between European bonds.
Ever Merton's disciple, Rosenfeldwanted random investment dice, and it was hard to imagine that thespreads, between stocks would widen at the same moment as thespreads between mortgages or the spreads between European bonds.