Honestly at this point analysing markets is a waste of time With DOGE proving that even the most hardcore people cannot break the dysfunction of bureaucracy to cut spending there is only one way out The only possible outcome is pushing up GDP(nominally) until the debt is just a smaller part hence a lower debt to gdp I still see so much analysis on this and that and what markets going to do - if there is going to be recession yada yada - unemployment yada yada All you have to do is realise that "The plan is inflate away the debt" and just wire that into your brain This is really a case of thinking clearly not smarter Anything beyond this is just you being bored and having to make something simple complicated You have to wipe away the short term greed of trying to time in and out and just add at opportune times If you are thinking in accumulating dollars -your head is stuck in the past Funds are forced to play the quarter to quarter game - individuals dont need to do that - the alpha is 10 year views and add and hold hard durable assets