Yup it's rather unknown how much is already priced in. But given the fall in growth stocks and some even by more than 50-60% from ATHs, I would tend to believe that 80-90% is already priced in.
To me a 25bps hike or a total of 100-125bps this year doesnt justify such kind of a correction and the market overreacted on the downside. But to each his own.
But my strategy is just dca whenever my salary is in because I know I cannot time this perfectly.
Someone says this is market manipulation to bring prices down, so that retailers sell and institutions buy. Then the cycle repeats.
