I believe the market will correct in an ABC correction shortly after the first Rate Cut by the Fed but I do not foresee any ‘biblical’ crash that some are predicting on here.
PE ratios are stretched now but not at a level where we would expect a doomsday event next.
FED has also managed to reduce inflation without triggering a recession which is down to the resilience of economy.
When the market corrects, I will therefore take full advantage of this pull back.
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