Today provides new proof you can’t predict the market because the market is dictated by federal policies. Central banks, including the Federal Reserve, flooded the economy with dollars and the U.S. stock market rose 11%. You could try to guess the moves of the Fed, but you may be better off playing blackjack in vegas.
Many people are understandably predicting a recession due to malinvestment in real estate, but it’s entirely possible the government will re-embark on an inflationary plan to revive the economy, and ultimately postpone the recession a few years. If you’re not in the market, you’ll miss out on the gains.