@Ike Hobbs If you actually look at the data, we’re currently trending toward deflation. Boom-and-bust cycles are a feature of the system, and after long periods of inflation, deflation often follows. The Federal Reserve has maintained a pretty tight monetary policy since COVID and hasn’t printed any meaningful amount of money, even with a softening labor market. They say they’re data-dependent, but their actions don’t always reflect that. If you look at Truflation, we’ve been in a deflationary trend for quite a while. Most people disagree because they’re looking at grocery prices, but inflation measures the rate of change in prices, not whether prices are still high. Another issue is that the CPI the Fed relies on includes shelter, which is a lagging indicator. If you replace that with a real-time housing metric, the picture looks very different. As for the original question, I’d approach it like any other investment: don’t go all in, keep cash reserves, and remember that time in the market beats timing the market. The people who spend years waiting for the perfect crash often end up sitting on the sidelines while missing some of the biggest opportunities.