Premium: Investing’s dilemma – deflation v inflation; temporary or permanent

Have been doing a fair amount of preparation for tomorrow's webinar at noon when we'll launch a new Global Share portfolio – a lower entry opportunity ($10,000) for those who missed out on the $200,000 performing portfolio we started seven years ago. Click here if you haven't yet registered for tomorrow's webinar, exclusive to Premium members..There are diametrically opposite schools in the investment world right now. On the one hand are traditionalists who believe inflation in the US (and hence the world) has become endemic and will overturn the investment thesis of the past three decades. Their ascendancy in recent weeks has hit tech stocks hard..Countering them are a group which argues the US's current 39-year inflation high is a temporary phenomenon wrought by Covid-19's impact on the global supply chain. They believe as this works its way out, deflationary pressures caused by tech-driven efficiencies, will return. Helping the exponential stocks regain lost ground..___STEADY_PAYWALL___.At the extreme end of the new age theorists is ARK's Cathie Wood – you can read the argument in her latest quarterly report. I'm more aligned with her than to the inflation bulls. So was heartened to hear a similar message from Fed chairman Jay Powell – click on the video at the top for his perspectives..More for you to read today:.RW Johnson: A country out of its mind. The former Oxford Don writes about what's behind some incredible stories playing out in SA media,Sky-High Vaccination Rates and Zero Taxes Make Dubai a Pandemic Boomtown. Middle East city-state's open borders and low infection rates are drawing the wealthy, new businesses and touristsPaul Simon Tells the Stories Behind His Songs. In a new audiobook, the singer/songwriter collaborates with Malcolm Gladwell to explain the creative process that led to 'The Boxer,' 'Graceland' and other classics..As a Premium subscriber you are entitled to full membership of wsj.com (normal price $29 a month). Be sure to action your access through the Premium link on the BizNews website. Because of The Wall Street Journal's credential requirements, be sure to create a password which has at least 8 characters and includes at least one letter and one number – NB it MAY NOT contain any special characters (ie #, !, @ etc). To maintain access to WSJ.com, you MUST enter our partner's website via BizNews Premium at least once a month. A final PS, if you had previously signed up for WSJ you'll need to clear the cookies from your device. Our help desk can assist – support@biznews.com..If you'd like to help sustain our independent voice, why not share the love by making a gift that keeps giving? Click here to access the BizNews Premium subscription signup form, and be sure tick the relevant box. At R100 a month and inclusive of full membership of The Wall Street Journal, it's a mind-expanding gift at an incredibly modest price.

Premium: Investing’s dilemma – deflation v inflation; temporary or permanent

Related Stories

Meet Tshepo Mahloele – Big Capitec shareholder, ABSIP’s “CEO of the Decade” now accused by Holomisa as kingpin of corrupt network

PREMIUM: Making of a great editor – the George Palmer playbook

Premium – BizNews global portfolio: ASML joins – so does Adobe as Bull takes hold again

Alec Hogg: Helen Zille predicts SA choice will be DA or EFF