Fleckenstein Says CPI Drop Doesn't Signal Deflation Risk: Video
May 19 (Bloomberg) -- William Fleckenstein, president of Fleckenstein Capital Inc., talks with Bloomberg's Betty Liu, Sheila Dharmarajan and Jon Erlichman about the April U.S. consumer price index and the prospects for deflation. The cost of living in the U.S. fell 0.1 percent, the first decrease since March 2009, figures from the Labor Department showed today. Fleckenstein also discusses investment strategy. (This is an excerpt of the full interview. Source: Bloomberg)
