Dow Jones Industrial Average: U.S. May Already Be In Recession?

Share This Article
February 14, 2013 4:22pm NYSE:DDM NYSE:DIA

recessionThere’s an old saying that poses the question: Do you want to hear the good news or bad news first? The thinking is that the order in which you are given information will somehow impact your reaction to it. But what if the bad news was actually good news — or at least presented a good opportunity?


Such is the mindset of Rob Arnott, chairman of Research Affiliates and manager of the five-star rated PIMCO All Asset Fund (PAAIX) and the All Asset All Authority Fund (PAUIX), who is troubled by a market that “shrugs off” everything yet is still closing in on all-time highs. “I’m concerned. I think we’re definitely in a slowdown relative to last year — which was anemic enough — and quite possibly already in recession,” he says in the attached video.

That’s not to say he is out of ideas. On the contrary, he clearly states that no matter what the economy is doing, “there’s always something interesting to invest in.” For him, there are far too many bulls and far too few bears out there right now, and that presents an opportunity.

See the full Breakout video below:

Related: Dow Jones Industrial Average (INDEXDJX:.DJI), Dow Jones Industrial Average ETF (NYSEARCA:DIA), ProShares Ultra Short Dow 30 (NYSEARCA:DXD), ProShares Ultra Dow 30 (NYSEARCA:DDM), ProShares Short Dow30 (NYSEARCA:DOG).


5 WINNING Stock Chart Patterns

Read Next



Free Investing Ideas Newsletter!

Join over 70,000 investors who get the latest insights and top rated picks from our free investment newsletter.

Most Popular



5 WINNING Stock Chart Patterns

Explore More from ETFDailyNews.com

Free Investment Newsletter

Join over 70,000 investors who get the latest insights and top rated picks from our free investment newsletter.

ETFDailyNews.com respects your privacy.

Best ETFs

We've rated and ranked nearly 2,000 ETFs and ETNs using our proprietary SMART Grade system.

View Top Rated ETFs

Best Categories

We've ranked dozens of ETF categories based on relative performance.

Best ETF Categories