Sell SPY by Jan 16, 2036.

Everyone seems to know feel that valuations are high. J.P. Morgan recently released data showing that when the S&P 500 trades at forward P/E ratios around 22x (where we are now), subsequent 10-year returns have historically ranged between +2% and -2%. For example -> Japan in 1989 was unstoppable and from a period of 15 years (1974 to 1989), the Nikkei 225 had gone up over 10x from 3600 to over 36,000. Then had 30 years of a rollercoaster after …