As I wrote back in October about Inflation vs Deflation, it appears to me that inflation is winning this heavy weight fight... So, how do you prepare yourself to hedge against inflation? Here's one opinion...
Bill Tedford is encouraging investors to bet against remarks by Federal Reserve Chairman Ben Bernanke, who told a group of Washington-area business leaders this month that "inflation could lower from here."
For more than 20 years, Mr. Tedford has run a benchmark-beating bond portfolio for Little Rock, Ark.,-based Stephens Inc. And though Mr. Bernanke sees slack in the economy that could push inflation down, Mr. Tedford says inflation already is evident in the consumer-price index and will lurch higher in 2010 and 2011.
He and Stephens have begun encouraging clients to invest more money in timber, oil and gas,http://online.wsj.com/article/SB10001424052748703521904574614651367337752.html?mod=googlenews_wsj
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