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A growing number of people “get” the message that utility stocks are today’s techs. From Charles Hugh Smith’s blog post that was reposted on Zero Hedge yesterday titled What’s So Bad About Deflation?, he concludes: Everyone assuming the Federal government has the power to create inflation and that inflation is “good” should examine the interests of [...] Before I make my broader point, here’s a LINK to quite the interesting comparative interactive chart. It shows the utilities ETF, symbol XLU, versus the well-known ETF for the S&P 500, the SPY. You can click on various time frames on the “Range” tab found underneath the XLU title to look at different time frames. [...] |
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