I'm out of all equity mutual funds until the S&P 500 drops at least 30% from its ATH (it's currently down 20%). And I'll do that only if it reaches the 30% point soon, say by end of June. That'll make me think it's more of a repeat of 1987 and 2020 when the S&P 500 tanked 30% quickly then climbed back up. If it takes too long to get to 30% I'll wait until it's down past 40% (like the long dot-com bear market that dropped 49% across 2 and a half years, and long mortgage bear market that dropped 56% across 1 and a half years).
What do you think?
I think it drops another 20% and stays there until Trump looks like he wins the next election.