Thursday, November 20, 2008

Deflation Environment Confirmed - A Little Late Though

Dear Friends,

If you are still wondering what is happening in the economy and financial markets, watch this video report from CNBC Erin Burnett NBC Nightly News.



We are in a Deflation Environment, both Asset Deflation (House & Stock Prices Dropping) and now, Consumer Deflation, i.e. Consumer Goods Prices are dropping, although not as much as we would like it to be.

When in an Asset Deflation environment, adopt an Asset Deflation Strategy to manage your investments. I have written out a simple guide on my blog on Asset Deflation Strategy written on 12 October 2008.

Best wishes,

Ooi

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