Robert Reich: "We might be heading for a crash as bad as 1929"

[Crossless2.0]

I got out of the market entirely several months ago.  I have new money trickling into an index fund.

The market is, in my inexpert opinion, acting as irrationally as it was in 1999.  Valuations aren't in line with any kind of rationality that I can discern.

I literally have no idea where to put money now so it sits earning 3%.

I say let it sit and earn 3% for now. It will be on hand to reinvest in the market after the inevitable severe "correction". You'll pick up good stocks for cents on the dollar.