Stocks were besieged once again on Thursday, pushing the Dow Jones Industrial Average down to test its 200-day moving average amid a cavalcade of geopolitical unrest.
NATO officials continue to warn of the invasion rise of a growing Russian force on the Ukrainian border while Moscow hit back against the West’s economic sanctions by banning certain imported food and agricultural goods. In Iraq, Isis keeps making gains as chatter grows the U.S. military could soon be utilized for airstrikes against the Sunni extremist group.
Adding to the pressure was a lack of new action by the European Central Bank despite evidence of a growth slowdown in the eurozone.
The evidence is growing that the current market pullback could be the start of something more serious. JPMorgan analysts have noted an “exodus” from bond ETFs in recent days, as folks respond to the main driver of the current bout of nervousness: that the Federal Reserve, mindful of the turnaround in U.S. economic data, is moving closer to raising interest rates.
Amid the turmoil and volatility, investors are looking for safe havens to protect the gains earned over the last two years. Here’s a look at three options that are making money right now.