While there is good reason to be optimistic that the bear market is near an end, stock prices are unlikely to move up meaningfully until it is clear the Fed has finished raising interest rates. There is no need to jump in and buy stocks now.

But it is also important to remember that timing ups and downs in the stock market is a daring and ultimately losing game. Most of us should ignore the market's volatility. Don't look. Invest for the long-run. The American economy and businesses, as always, will prevail. It may take time, but stock prices will rise again.

While there is good reason to be optimistic that the bear market is near an end, stock prices are unlikely to move up meaningfully until it is clear the Fed has finished raising interest rates. There is no need to jump in and buy stocks now.

But it is also important to remember that timing ups and downs in the stock market is a daring and ultimately losing game. Most of us should ignore the market's volatility. Don't look. Invest for the long-run. The American economy and businesses, as always, will prevail. It may take time, but stock prices will rise again.