Reuters
- Recent developments including the ever-escalating US-China trade war and signs of a widespread global economic slowdown have many experts on recession watch.
- Major US stock indexes are still within shouting distance of record highs, but investors fearing a sharp economic downturn are still on the hunt for other assets that can lessen the blow and offer safety.
- Here are some popular assets investors turn to when markets and the economy take a turn for the worse.
- It is, of course, preferable to already be in these assets when the downturn does strike.
- Read more on Markets Insider.
China let its currency reach 11-year lows, President Trump announced new tariffs on $250 billion worth of Chinese imports, central banks around the globe are cutting interest rates, and the US stock market just saw its worst day of the year.
Recent events brought plenty of reasons for investors to seek out less volatile assets. Though major US stock indexes are still fresh off record highs, economic indicators around the world signal greater probability of a recession in the near future.
Here are a few historically popular assets investors flock to when markets go haywire:
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