FYI: There are plenty of investors out there who have been waiting for a 2008-like scenario to play out before deploying capital into the stock market. While it would be nice if you could simply sit in cash and wait for a crash the market doesn’t always cooperate.
Plus, we don’t need a nasty recession for a reset in the stock market. That can happen outside of an economic downturn. Here’s a piece I wrote for Fortune with the historical perspective on this.