Historically the market bottoms when the fed starts cutting interest rates, with that said do you think this time is different?

If you were in a substantial cash position would you considering waiting. I understand buy and hold and it's generally advised to avoid “time the market”. By why not go in at a 10-20% discount

Seems like things could be lagging quite a bit, recently the cash printers were restarted and quantitative tightening was stopped.

How much fear do you have that this market is a soggy wet paper bag and the bottom is about to break through?

Or is the Fed going to manage the “soft landing” which so far it seems likes it's been better than expected, but inflation hasn't been quick to budge.