More money has been lost in preparing for the next recession or bear market than from actual recessions or bear markets.
Today Fed said…
https://www.cnbc.com/2022/05/19/fed-isnt-focused-on-impact-o…
“So it’s not aimed at the equity markets in particular, but I think it is one of the avenues through which tighter financial conditions will emerge.”
Ignoring what is said before but…Fed is saying tighter financial conditions will be achieved through stock market declines. Fed is prepared to crash the market, crash the economy, but determined to break the inflation.
I will be ready to buy when they change their tone. BTW, there is a saying don’t fight the FED. 