John Authers, Columnist

This Cheap Hedge Could Save Investors Some Grief

The world is in a deflationary chill. It won’t last that long.

The thaw is coming.

Photographer: Sean Gallup/Getty Images

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The world is in a deflationary dive. There is no chance of a significant resurgence in inflation this year. But there is every chance that we will see it return not long thereafter. Inflation is one of the very few things that it is still cheap to hedge in financial markets. Therefore, this might be a good idea.