"...New research from Credit Suisse and London Business
School entitled ‘The Credit Suisse Global Investment Returns
Yearbook 2012’ continues to be analysed by market participants.
The 2012 Yearbook investigates data from 1900 to 2011 and looks at how best to protect against inflation and deflation, and how currency exposure should be steered. The chief findings are that bonds do well in deflation and benefit from currency hedging, and equities are not a perfect inflation hedge, but benefit from international diversification..."
at http://www.zerohedge.com/news/gold-increased-value-both-extreme-inflationary-and-deflationary-scenarios-credit-suisse-lbs-res
The 2012 Yearbook investigates data from 1900 to 2011 and looks at how best to protect against inflation and deflation, and how currency exposure should be steered. The chief findings are that bonds do well in deflation and benefit from currency hedging, and equities are not a perfect inflation hedge, but benefit from international diversification..."
at http://www.zerohedge.com/news/gold-increased-value-both-extreme-inflationary-and-deflationary-scenarios-credit-suisse-lbs-res
