All three major U.S. stock indexes are heading toward their worst annual performances since 2008, and bonds haven’t provided a portfolio ballast
A look at the markets shows asset managers are moving money around in ways that suggest they see a recession coming. WSJ’s Dion Rabouin explains what to look for and why they tell us investors are increasingly pricing in a recession. Illustration: David Fanghas spread across risky assets and havens alike, leaving nervous investors questioning where to hide from further pain.. Bonds haven’t provided a ballast to portfolios—the Bloomberg U.S.
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