I would say the long term trend is still bearish though, fed might rise the rates. Even the inflation don’t seem to smooth down as expected.
Yes, market is at a critical point. Many big stocks seem to be at a fair valuation. I too, recently added Meta, Google, Disney and Comcast to my portfolio for that reason.
(Disclaimer: Not a recommendation. Do your own research)
But still, I am holding on to some cash in case the market continues its bearish trend (where wall street expects the market to go down another 25% from current levels).
We are at a moment where debt securities are doing well than stocks. People are shifting. But in this stock market cycle, we are not at that stage where people finally say “screw stocks forever”.
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