I have been hesitant to purchase any stocks for awhile and have been accruing cash in case the market drops. The valuations for companies that I’m interested in owning don’t make sense to purchase at the moment. Some of the gurus I follow have either pulled out of the US markets completely or are sitting on lots of cash in anticipation of a pullback. That being said, experts have been warning of a recession for some time and nothing has happened.
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