Q: Where do you see the greatest risk to equity and bond investments?
1. High inflation caused by economic growth finally putting to work all the money that was printed by central bank quantitive easing around the world; or,
2. Deflation caused by slow growth due to unfavourable demographics and financial deleveraging by consumers.
What would you recommend as the best defense in each of these scenarios?
Thanks,
1. High inflation caused by economic growth finally putting to work all the money that was printed by central bank quantitive easing around the world; or,
2. Deflation caused by slow growth due to unfavourable demographics and financial deleveraging by consumers.
What would you recommend as the best defense in each of these scenarios?
Thanks,