Dreman: Brace for 10 Percent Inflation

Wednesday, November 25, 2009 9:51 AM

By: Ellen Chang

David Dreman says investors should be prepared for high inflation rates — as high as 10 percent — to start within the next three years, and that the Obama administration is powerless to stop it.

Dreman, the well-known contrarian investor and CEO of Dreman Value Management, told Fox Business that the stock market will see a correction, although “it’s anybody’s guessâ€