TCW CIO Jeffrey Gundlach says the 'inflationists' are wrongly worrying about tomorrow's flood instead of today's wildfire.
Inflation or deflation--Investors should worry about whichever one will hurt them more personally, says Wall Street Journal editor Jason Zweig.
The Morningstar StockInvestor editor suggests one pick for fighting inflation and three stock ideas that should hold up well if deflation hits.
Though its current deflation-fighting actions are valuable, charting a successful exit plan will be difficult, says former Fed governor and economics professor Randy Kroszner.
Bank of America Corp. led decliners in the Dow Jones Industrial Average after reporting profit dropped 63 percent, hurt by shrinking revenue and more costs from cleaning up bad mortgages.
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