After a few months that's seen the small matter of neo-liberalism dying and the beginning of the end of globalization, you might be forgiven for thinking that your portfolio might need a little updating.



Well, listening to the experts on CNBC last week there seems to be two schools of thought on this issue.



Among President-elect Donald Trump's vague plans for the White House was a $1 trillion spending package for U.S. infrastructure. This was no doubt one of the key reasons why perennial underachiever Caterpillar finished near the top of the Dow Jones on Wednesday with gains of nearly 8 percent.



It's also the reason why market participants like Marc Faber, the publisher of the Gloom, Boom & Doom Report, expect U.S. debt to surpass $20 trillion in under two months with Trump.



However, it's also the reason why people like Jim O'Neill, the former chairman of Goldman Sachs Asset Management, suggest that two decades of deflation might be coming to an end.