Warren Pies of 3Fourteen claims the big recession trade is being eliminated from the market

David Lefkowitz, UBS Wealth Management, and Warren Pies, 3Fourteen Research co-founder, join 'Closing Bell Overtime' to discuss today's market rally, the state of the U.S. economy, and the bond market. For access to live and exclusive video from CNBC subscribe to CNBC PRO: » Subscribe to CNBC TV: » Subscribe to CNBC: Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. Connect with CNBC News Online Get the latest news: Follow CNBC on LinkedIn: Follow CNBC News on Facebook: Follow CNBC News on Twitter: Follow CNBC News on Instagram: #CNBC #CNBCTV ...(read more)

---

BREAKING: Recession News
LEARN MORE ABOUT: Bank Failures
REVEALED: Best Investment During Inflation
HOW TO INVEST IN GOLD: Gold IRA Investing

---

The ongoing global pandemic has wreaked havoc on economies around the world, prompting fears of a deep recession. As a result, investors rushed to make what some have called the "big recession trade," betting on assets like government bonds and gold as safe havens. However, according to Warren Pies, a market analyst at 3Fourteen, this trade is starting to get priced out of the market. Pies believes that the rush to invest in recession-proof assets has driven up their prices to such an extent that the potential returns are becoming limited. Traditionally, during times of economic uncertainty, investors seek refuge in assets that are seen as more stable. Government bonds, for instance, are considered a safe bet because they are backed by the government and are relatively low risk. Gold, too, is often seen as a store of value during uncertain times. But as the pandemic continues to impact the global economy and governments around the world inject trillions of dollars in stimulus, the price of these assets has skyrocketed. This surge in demand means that the potential for substantial further gains may be limited. Pies suggests that investors should begin looking for other opportunities that have not yet been fully priced in by the market. He believes that certain sectors, such as technology and healthcare, may offer better investment prospects as the world adapts to the new normal. The technology sector, in particular, has witnessed significant growth during the pandemic as people rely more heavily on digital services and connectivity. Companies involved in remote work, e-commerce, cybersecurity, and telemedicine have seen their stock prices soar. Pies argues that this trend is likely to continue as these sectors become increasingly ingrained in our daily lives. Similarly, healthcare is another sector that holds promise. The pandemic has highlighted the importance of robust healthcare systems, with companies involved in vaccine production, pharmaceuticals, and medical technology playing a crucial role in combating the virus. Pies suggests that these sectors may offer compelling investment opportunities as the world continues to grapple with the ongoing health crisis. While the "big recession trade" may have provided a sense of security for investors during uncertain times, it appears that the potential for significant gains in these assets is diminishing. Pies advises investors to look beyond these traditional safe havens and explore sectors that are thriving amid the challenges presented by the pandemic. As the global economy adjusts to the new realities of the post-pandemic world, investing in sectors that are poised for growth and adaptation may prove to be a more profitable strategy. Only time will tell if Pies' advice proves accurate, but it certainly offers an alternative perspective in a market otherwise dominated by recession-proof assets. https://inflationprotection.org/warren-pies-of-3fourteen-claims-the-big-recession-trade-is-being-eliminated-from-the-market/?feed_id=110216&_unique_id=64947d6708b86 #Inflation #Retirement #GoldIRA #Wealth #Investing #breakingnews #businessnews #cable #cablenews #ClosingBellOvertime #CNBC #financenews #financestock #financialnews #money #moneytips #newschannel #newsstation #stockmarket #stockmarketnews #Stocks #usnews #worldnews #RecessionNews #breakingnews #businessnews #cable #cablenews #ClosingBellOvertime #CNBC #financenews #financestock #financialnews #money #moneytips #newschannel #newsstation #stockmarket #stockmarketnews #Stocks #usnews #worldnews