From Newsmax:
David Dreman says investors should be prepared for high inflation rates — as high as 10 percent — to start within the next three years, and that the Obama administration is powerless to stop it.
Dreman, the well-known contrarian investor and CEO of Dreman Value Management, told Fox Business that the stock market will see a correction, although “it’s anybody’s guess” when that correction will occur.
He said inflation could rise to be as high as 8 percent to 10 percent within…
Read full article...
More on inflation:
Stansberry: The best trade today
Casey Research: Inflation is guaranteed
Stansberry: CPI numbers are bunk... this is the best way to measure inflation