> selling equities and buying bonds
There's an intermediate option: sell high P/E stocks and buy lower P/E stocks with dividend paying history. There are ETFs designed for this purpose too.
Uhhh...you're describing something like QAI? [0] And you're going to short a portfolio of TSLA, NVDA, AMZN, META, GOOGL, MSFT, AAPL, NFLX, AMD...?
That's crazy.
That is also what I read in going risk averse.
In particular bulking up in EM, EU, and small cap. And slimming down in us large cap.