Anyone else feeling like an idiot staying in the market right now?

High PE, tariffs likely to cause inflation then recession and unsteady hand at the wheel. I'm not very encouraged about the possibie devaluation of the dollar as the leader is very gung ho about crypto.( Btw gotta love the pump and dumps.) I was going to retire in a year but have put that out of my mind. What got me thinking so negatively is my hedge fund buddy went all cash last month. Can someone talk me off the ledge?