We are entering “Guesses Season” when you can attend nice breakfasts and luncheons when these “guessers” roll out their guesses for 2023 and beyond. Because we do not have access to the actual future results - this is EXACTLY why diversification is so important. It would be extremely aggressive to place bets with your investment funds because you think you know what is going to happen. This has proven over and over and over again to give poor results.

Vanguard’s examples of the market’s reaction to geopolitical events showed the market up 5% after 6 months and 9% after 12 months on average.

A look at headlines from the past 50 years shows the difficulty of timing markets around inflation expectations. Investors may be better served sticking to a long-term plan.