Many talking heads come on TV and talk about defensive stocks and how to handle downturns. Many suggest a move from one type of stock to another to “minimize” loss. I always found that ridiculous in two ways, the logic of it and the allocation of the “defensive stocks”.
Today I decided to take a snap shot of few etfs that I keep track of. Why today, this is Monday after Trump announced an increase in tariff on China. The shots were taken around 10 am, so after the market started to recover a little.
One of the places that people suggests often in case of a US market crash is emerging market, take a look at EDC and EDZ; no need to say any more.
I also watched the metals, the “safe heaven”, that did not move a whole lot either.