What is everyone's sentiment on this? A lot of fundamental factors are lined up that could suggest we're about 1 month into a new bear market:
1. Stock market was overvalued, at its peak roughly a month ago
2. Fear & greed index at "extreme fear"
3. Dropping consumer confidence in the US
4. Potential for US economy to slip into recession
5. US executive branch waxing and waning on trade protectionism policy, causing great uncertainty, and if actually implemented for sustained periods would have significant global market impacts
6. Some large, influential institutional investors like Berkshire holding record levels of cash
7. Unconventional/unpredictable US foreign policy and trade policy
How do you fellow investors react to this? Are you selling equities, holding cash, and waiting to pounce on undervalued stocks? Or you are ignoring the market cycles, and continuing to dollar-cost-average invest, regardless of which way things go? I'd love to hear others' perspectives.
Please refrain from making this thread political, and focus more on the downstream market effects of political actions