Really? Everything points to 'economy is fucked for the foreseeable future', people are worrying about possible food and energy shortages, and your take is 'don't forget your FOMO though, stonks still go up'?
Or in 2018 when a trade war between china and US was just around the corner?
Or in 2016 when Brexit was the fall of the EU and Trump just got elected?
There's always something, and it's never clear that that something is going to actually be the real deal.
If tensions rise we could see China and the west getting less friendly. I live in the bottom of the Pacific and we rely heavily on Chinese trade.
Like others have said, that’s aside from the point. You are more likely to lose than gain by timing the market. That’s what the GP is getting at.
They only thing that really counts in the end is that you, personally, have enough revenue to cover your expenditures. If not, increase the former and decrease the latter until you do. You may need to adjust your expectations too.