William Baker, President of Gaineswood Investment Management, discusses QE3 and his new essay on whether the Fed might be engineering a “beautiful deleveraging.” Mr. Baker tells Wall Street Week’s Jeff Salkin what this could mean for inflation expectations, gold prices, and the relative underperformance of gold miners.
In Part Two of the video (below) Mr. Baker discusses his favorite name among the gold miners, why profit margin pressures could affect popular dividend paying stocks, and he discusses a new holding in the weight loss business that stands to gain from a social media strategy.
