Deflation is the Worry; Inflation Looms, too
Press release from the issuing company
Monday, August 16th, 2010
A specter is haunting your investment — the specter of deflation.
Only a fleeting fear six years ago, worry of an economy-wide slide in prices has returned, slipping into economists’ discussions and shading investment decisions. There is no consensus — just pressure to make the right call at a time when the stakes are high and the rules have changed.
“Our clients are rich, and they want to stay rich,” said Adrian Cronje, chief investment officer and partner at Balentine, an Atlanta-based wealth management firm. “We tell clients that simply buying and holding stocks and bonds isn’t going to be good enough.”
