No. This can be many things and several if them are potentially fine and several are not ok.
Get an appt with your physician asap to look into this. Is it urine
or stool? Urine may look 'brick dust' red for first few days of like due to babies having a lot of uric acid
crystals in pee. Blood in pee may also be other bad things. In poop, it can be simple like from a slight tear from hard poop.