Author: Dan Ferris, Daily Wealth

I could cite plenty of metrics, but at some point, I expect we’ll see a drop in the S&P 500 in line with previous all-time high valuations… somewhere between 50% and 65%… and an even bigger drop for many individual stocks.

For the past decade-plus, growth stocks have been in charge. But, we know the pendulum is swinging today. Growth… value… growth. You can guess what comes next.

It’s critical to remember: Prepare, don’t predict…

Investors in big tech are doing today what they’ve done for much of the past decade: assuming the next several years will look a lot like the recent past. Don’t expect it to last forever…