There have been few winning strategies to seek refuge in as the stock rout sparked by President Donald Trump’s start-stop tariff war drags on for a third week. One, though, is soaring right now: a pair trade that bets on stocks that thrive in an economy sinking into stagflation.

President Donald Trump says he's not concerned with how the stock market performs as he implements his protectionist agenda. That might soon change.

Hedge funds have slashed their bets on equities and cut their borrowings from banks as they struggle to deal with surging market volatility triggered by US President Donald Trump’s global trade war. A sharp stock market sell-off in recent weeks on concerns about Trump’s tariffs has hit the sector particularly hard.

U.S. equity futures edged lower in early Thursday trading, while Treasury yields and the dollar bumped higher, as investors added the threat of a U.S. government shutdown to a growing list of concerns tied to the fate of the world's biggest economy.