EDIT
1994 was horrible for stocks AND bonds.
It does not happen often that both of those are down in the same year.
Regardless of the hate on Biden (I might hate him as much as you DO) if you invest in publicly traded, stocks jumping in and out OF the market is NOT a way to long-term profits.
The stock market rewards those who invest long term and ignore it (especially if they avoid high fee ripoff firms).
The problem is that the majority (perhaps 90%) of real human beings do not operate that way.
They will panic when the market crashes.
Worse yet—the market is most likely to crash when the economy crashes as well and folks loose their job and need cash and....start either borrowing from their 401k or paying the tax penalties and selling their stocks at the lower numbers.
The market has not had a bone chilling full capitulation crash since 2008-2009—it is long overdue.