Belfast Telegraph  Thursday 13 March 2014  Inflation is the risk
we all face  The investor is likely to concentrate on essential
stocks such as food, water and commodities  The quantitative
easing, which both the US and the UK are pursuing, is
unprecedented.  It is without doubt the largest reflationary act
in history. It has been instigated primarily as a counter to
deflationary forces, but there is a fine line between doing that
in the longer term and sparking off a bout of serious inflation.
Despite all comments to the contrary, there is a distinct
possibility that we could experience inflation, which would
cause all sorts of problems for investors over the longer term.
However we are taught to worry only about the short term and in
this many investors are appearing bullish, particularly about
equities and commodities.  Fear is falling on the markets and
whilst investor blood pressures were rising very steeply last
year they are now subsiding to the point where investors are
again asking where they shoul