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Columns How to Trade Amid Growing Recession Concerns? A Focus on US Treasuries, Defensive Sectors, and More
Following the release of the US July unemployment rate last Friday, which was unexpectedly high at 4.3%, the highest in almost three years, the Sahm Rule signaling an economic recession was triggered. Panic ensued and the market plunged again on Friday, with the $CBOE Volatility S&P 500 Index (.VIX.US)$ surging 60% at one time, the $Nasdaq Composite Index (.IXIC.US)$ falling 2.43%, dropping over 10% ...
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