I am still LTBH low-cost broad-based index funds. Still at 93/7.
Today's explanation for today's market downturn make little to no sense to me. I have heard the following three things from people who seem to know what they're talking about:
1. Inverted yield curves are not always followed by recessions.
2. When they are, the recessions happen many (many = 9 to 18?) months later.
3. Between the inversion and the recession, the market usually goes up another X% (20%?).
Maybe some or all of the above are not true. Maybe the explanation given to the talking heads from the floor traders and other financial types is inaccurate or deceptive. Maybe I'm missing some logical position which allows both to be correct.
In any case, I still have lazy intent to move my stock allocation higher. If the downtrend grinds on and people start to worry (including me), then I'll reallocate.