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10 Things You Should and Should Not Do During Deflation



June 20, 2009 – Comments (3)

Good article here by Robert Prechter: 

10 Things You Should and Should Not Do During Deflation by Robert Prechter, President, Elliott Wave International | June 19, 2009

1) Should you invest in real estate?

2) Should you prepare for a change in politics?

3) Should you invest in commercial bonds?

4) Should you take precautions if you run a business?

5) Should you invest in collectibles?

6) Should you do anything with respect to your employment?

7) Should you speculate in stocks?

8) Should you call in loans and pay off your debt?

9) Should you invest in commodities, such as crude oil?

10) Should you invest in cash?

His answers are here:

3 Comments – Post Your Own

#1) On June 20, 2009 at 9:30 PM, anchak (99.89) wrote:

I saw Prechter today on Bloomberg  - it is curious how the reporting changes .

I think Prechter made a call about a real nasty leg coming this week.


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#2) On June 20, 2009 at 9:42 PM, theHedgehog (< 20) wrote:

The article seems more geared to preparing for deflation, rather than what to do when living in deflationary times.  The only thing left out is how to know when there is going to be a deflation.  Some of the advice is timely in that it's useless after the deflation has occurred.

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#3) On June 21, 2009 at 4:42 PM, AdirondackFund (< 20) wrote:

Nice pick, I saw this over at Bloomberg the other day.  I think Prechter's right this time.  But I do remember him getting too bearish in '88, right before the market took off for a two year run.  This time it is different.  The debt pile this time around is otherworldly.  And, of course, the Federal Government is now broke, which wasn't the case in '87.

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