There is little doubt that we are already in a recession, at least in real dollar terms. The confirmation that the U.S. economy entered a recession in nominal terms probably won't be out for several...
I've traded the etf SH (short S&P) a few times this year and the etf DRIP (short oil e/p) in June when oil dropped, but don't have the conviction to stay short in anything.
An actual confirmed recession in the US economy includes a dip in non-farm payroll, which hasn't been reported (yet). You could have two negative quarters, but still not technically experience a...