Wary Investors Struggle to Evade Market Tumult

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This year’s market tumult has spread across risky assets and havens alike, leaving nervous investors questioning where to hide from further pain

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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