On the Fritz

martin fridson


The prospect of falling prices occupied the investment spotlight for less than a year. Suddenly, the focus has shifted to inflation. The rate of the rise in the Consumer Price Index jumped from 1.0% in 2003’s fourth quarter all the way to 3.2% in 2004’s first quarter. Deflation, says Federal Reserve chairman Alan Greenspan, is no longer a worry.

Among investors, declining purchasing power is not quite as dim a memory as its opposite number. Nevertheless, all analysts and portfolio managers can

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here