Protecting Your Portfolio from Deflation
The knots in economists' and investors' stomachs tightened on Dec. 17 with the release of consumer price data for November, which showed prices falling for the second straight month—and the fastest rate of decline since the government started tracking these numbers 61 years ago. A 17% drop in energy prices, with gasoline down a staggering 29.5% since October, was the primary driver of the drop in prices.
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