“History suggests that investors should not wait for confirmation of a recession before getting more defensive in their asset allocation.”

This is a quote from page 6 of the Recession Playbook.

http://www.mediafire.com/file/5py1d1zrii5rr1a/The_Recession_Playbook.pdf/file

They also say that you need to buy into bonds before a recession is officially announced because bonds would have appreciated already by then. Otherwise you are just gonna be selling low (equities) and buying high (bonds).

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Is it time to increase bond allocation? Bonds etf in general have spiked recently from presumably the interest rate cut pricing in. Is a 2% savings account a better idea?

h/t njsereg3