Investing in quality stocks seems like a smart move—but the bet on the blue chips hasn’t paid off lately
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 FangIn this year’s market bloodbath, you might think funds with “quality” in their name—and in their holdings—would lose less money.
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