From Seekingalpha · MoneyShow · · 40s
First Recession Trade Day in Years
The first powerful recession trade day in years sparks worry.
In brief
The first powerful recession trade day in years sparks worry. The first strong recession trade day in a long time shows defensive funds outperforming offensive ones, raising concerns about market volatility. Originally reported by Seekingalpha.
Recession Trade Day
The MoneyShow Chart of the Day shows defensive sector funds outperforming offensive ones with a spike of over 3% in the iPath Series B S&P 500 VIX Short-Term Futures ETF.
“The first, powerful "Recession Trade" day I've seen in a long time.”
Market Performance
The iShares 20+ Year Treasury Bond ETF rose 0.8%, while defensive funds gained significantly against offensive sector funds.
Investor Concern
The question remains whether investors should worry about the first strong recession trade day in a long time.
What to remember
The first strong recession trade day in a long time shows defensive funds outperforming offensive ones, raising concerns about market volatility.
