John Murphy: DIVIDEND PAYING STOCKS LIKE UTILITIES AND TELECOM DO BETTER IN A DEFLATIONARY CLIMATE — AT&T AND VERIZON LEAD TELECOM HOLDERS HIGHER — GOLD NEARS UPSIDE BREAKOUT — STOCKS ON SHORT-TERM SELL AS VIX TESTS OVERHEAD RESISTANCE

I've read a lot of articles recently about which asset classes (or stock groups) do best in a deflationary environment. In past market messages (which warned of the deflationary threat), I've...

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