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Thank you. I'm sitting tight and not rushing into bond funds because the MM settlement fund is paying 4% and waiting. I know Bogleheads.org says being out of the market in cash is not wise and losing due to inflation, but we're nervous after 401k losing 20%. We'll see what happens in 2 weeks...

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If my prognosis is correct, and more stagflation is on the horizon, the stock markets are headed for a bear market scenario at some point later this year. It will not be a regional bear market but a global one.

That's as close as I'll ever get to actual investment advice on this Substack.

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Very appreciated, thank you!. I'm researching portfolio suggestions for stagflation, bear market is good for 20something son's 401k, but those of us rounding the corner to SS eligibility not so much.

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