Welcome to the Vitus Capital Blog!
Notes to myself, possibly of interest to others.
-- Bill Northlich

Friday, June 19, 2009

Forget Inflation (seek Dividends/Interest)

While many investors are consumed with the rapid expansion of the Fed’s balance sheet and money supply, the ongoing contraction of the household balance sheet is a far more pronounced event that renders deflationary risks the more predominant near-term risk. ... we believe that the second half of the year will have shown more defensive and income-oriented strategies to have carried the day

--- ibid

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