Just curious if anyone else out there is buying some hedge positions in their brokerage or just speculating for a bear market/recession.
I've been shifting more of my investments into defensive stocks and assets lately. I've kept a good chunk in gold/silver since Covid happened which has done pretty well overall. I have a few blue chips, a good natural gas stock, a good chunk in the lithium market (ALB) and a few other safer stocks. Lately, I've put a few grand out there in long term put options on the S&P (SPY). I'm just looking for a little protection against a widespread downturn. The more research I do, the more pessimistic I get about the market. If nothing else, the fed raising rates means an end to the cheap money rally of the last couple of years.
There are plenty of headwinds out there that could bring on a recession/stagflation or a major correction. Anyone here have a similar mindset?