From Seekingalpha · James Foord · · 50s
Recession Trade Signals Spread
US recession warnings intensify as labor and credit markets show cracks.
In brief
US recession warnings intensify as labor and credit markets show cracks. James Foord warns US recession signals are spreading into labor and credit markets, urging investors to favor long-term Treasuries and utilities. Originally reported by Seekingalpha.
Recession Warning Signals
Warning signals of a US recession are intensifying, now spreading from consumer stress into labor and credit markets.
Investing Strategy Shift
I maintain a defensive stance, favoring long-duration Treasuries and utilities, while now avoiding high-yield bonds due to deteriorating risk/reward.
Labor Market Cracks
Labor market cracks are visible in temp help and payroll data, while high-yield spreads and private credit defaults are rising sharply.
Monitor for Fed Action
Remain selective with AI exposure and monitor for potential Fed intervention or stagflation risks impacting TLT and overall positioning.
In short
James Foord warns US recession signals are spreading into labor and credit markets, urging investors to favor long-term Treasuries and utilities.
