I don’t want to dive super deep. Right now my portfolio has swapped a few times from short term bonds to stocks and to long term bonds. I bought short term bonds in July and moved to longterm when I saw it hit 5% on longer term yields, then the market dropped along with yields and I swapped to stocks thinking I could average down. The market (QQQ) snapped back up at 375 and I swapped back to short term bonds.
I was looking to move to stocks at some point but the valuations remind me a lot of 2021 where large cap tech lead to oversaturation.
I guess my main question is given my portfolio which is 100% bonds at the moment and up 24.7% for the year, should I just go fully stock or should I stick with my fundamentals and believe that the market isn’t priced right (especially large cap tech stocks like NVDA, TSLA, GOOGL, MSFT) and wait for rates to fall (and I expect a slowing US economy)?
Also I would like to hear everyone’s thoughts on the value of the us economy, rates and large cap market dominance and whether this is a bull run or just long term stagflation?