I'm a long term (15y+), mostly passive investor.
I find the current situation of the financial market somewhat absurd, especially the fear of a recession that seems a self-fulfilling prophecy.
Since the 2008 crisis and the recent "mini-crash" (December 2018), central banks and investors alike seem to have gone bonkers: tweets from Trump make stock markets in the whole world go down, ambiguous words make speculators frenetic, bad economic indicators (German industry) and political issues (Brexit) make stocks go down before the economy effectively slows down
It is as if the fear of a recession make the stock market go into recession before it actually happens. So isn't it now a good moment to invest in 'fundamentally good', very large cap companies? The biggest difference I see with previous recessions is the fear, rather than blind optimism. Few were expecting crashes in 2008 or in previous recessions; but doesn't the consensus seem the opposite now? Unless we are in very long term bear market (10y+), which does not invalidate long-term DCA.
Note: I'm not asking for investment advice per se, as my plan is already fixed (monthly DCA / ETFs). I just want to know if my arguments make some sense in what seems an irrational market. My goal is to live off dividends in the future, anyway.