How to Trade the Market: Cash or Short?

Bad news is good for equities, just up until the last couple of days. After 3%, I could see yields rallying back to new all-time highs. There are things called crashes and you could get impulsive moves that could complete in seven weeks. Once the S&P is trade down towards 33.5 to 3000, that will be setting up the stage for a rally for new highs into 2025.