Washington, DC - Hugh Henry is putting his money where his mouth is, as usual.  The Fund Managers bond fund Eclectica is up 8% year to date because of bets against the European currency. 

His thesis revolves around the fact that the world has to much debt and that this debt will continue to create deflationary pressures.

Hugh Hendry shares the Deflationary prognosis with such market observers as Robert Prechter of Elliott Wave International as well as David Rosenberg of Gluskin Sheff. 

Robert Prechter has made his predictions exceptionally clear with regard to the deflationary forces currently in the world.

For a video of Robert Prechter and his explanation for the expectation of deflation instead of inflation:

Read More on Hugh Hendry's Recent Remarks on City AM