Deflation Is Winning – Beware!
There is growing evidence that deflation is winning the day. If deflation does indeed take over and swamp the official efforts at damage control, quite a lot of fantasy wealth in today’s stock, bond and real estate markets will be destroyed.
This means investors want to be positioned away from risk-based financial assets right now — with stocks and low & junk grade bonds are right at the top of that list:
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