Should Investors Be Stashing Cash Right Now?

Just look for a few great businesses, or, if you don't have time to research individual stocks, buy index funds. Last week, we saw some stock market volatility as long-term bond yields ticked upward, putting pressure on corporate valuations, especially among expensive growth stocks. With the major stock indexes near their all-time highs and several valuation indicators at historically high levels, is now the time to ditch stocks and stash cash in your brokerage account?