I make the distinction because the sooner you stop thinking someone (or you) can "predict" the future, the sooner you can start concentrating on things under your control, like risk and entry point and lowering cost basis. The future is not under your control, but you can manage risk.
Many people have missed a good run in stocks and bonds because they think they can time the market. Asset allocation and Buy & Hope still beats most attempts at "trading."
And it's anybody's guess what the Fed will do next, or by how much, or with what language, or whether bad news is still good news for the market, or what the economy will do next, etc.
It's how you manage your positions that matter, not how you guess or "predict".
“Those who have knowledge don't predict. Those who predict don't have knowledge." Lao Tzu, 6th century BC
The Fed said they may raise interest rates sometime
in the middle of next year. If and when they do, not only
will bonds take a hit, but also stocks as well. Beware.
Not at the moment because when interest rates rise,bonds investors lose money
