Those who do not like uncertainty should quite simply stay away from equity markets right now, while those of us who like to buy at a good price shouldn’t hesitate to get in, after doing their research.
Importantly, you need to know what you want to buy first and then time the decision for when the price is attractive.
So, if you have high conviction about it, take some of your cash and get in and buy a few undervalued businesses (or a fund) now at a price which is certainly not as high as it was and with fundementals looking pretty attractive – in many industries especially outside of South Africa – and then keep monitoring for further opportunities