ymgerman Introduction When it comes to the market, I'm not necessarily bearish. However, I'm cautious because of two reasons. Stocks are trading at lofty valuations, especially after the market decided to price in six rate cuts for 2024 over the past three months. According to a recent Bloomberg article, a remarkable decade has unfolded for U.S. stocks, rewarding buy-and-hold investors while outperforming other asset classes, as we can see in the chart below. Since 2013, the S&P 500 has returned 11.9% per y ...