The Performance of "Deflation Assets" vs. "Inflation Assets"

Interesting chart showing the performance of “Deflation Asset” vs. “Inflation Assets” since 1960.

“Deflation Assets”: Government Bonds, US Investment Grade, S&P 500, US Consumer Discretionary, Growth and US High Yield
“Inflation Assets”: TIPS, EAFE, US Banks, Value and Cash

Image: BofA Merrill Lynch

The Performance of Deflation Assets vs. Inflation Assets since 1960