Stock markets are naturally cyclical in nature. Stocks are known to be volatile in the short term but going long term has always yielded solid returns. So stay the course. No need to keep pulling money in and out based on news of recessions or market downturns unless you are in retirement.
So set that asset allocation based on your risk tolerance, keep investing continuously, stay the course, and stop trying to predict what a complicated stock market is going to do next!
Like Warren Buffet says, think of investing as growing a crop. If there is demand for food and you bought a farm that can grow good crops that people need and can afford, you will always be wealthy from it in the long term.
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