Bear markets take time to play out. It is only the time that varies.
There is no rush apart from watching for the Trump changes.
The layoffs in the tens of thousands will have an impact on both demand and investing outlooks by both individuals and companies and banks. This takes time to show up in the statistics. A few months minimum normally.
Trumps end game is the thing. That we don't know yet apart from prior mentions of a living wage possibility from Musk. The tariffs enable that, and this negates the argument of the poor being worse off. They could be neutral to in front with the rich still consuming lots being worse off. Then in time the jobs come back, and the self-sufficiency comes back with it. The emergence of AI taking jobs from people means the jobs need to come back.
Yes, this a few years viewpoint rather than next month viewpoint. If anything like this is planned Trump may as well play golf in the meantime. He needs to stay healthy, and activity is required.