I've cashed out of shares for now other than my Kiwisaver. I may switch that to bonds only very soon.
The bubble blowing by central banks may not end at all. But it won't be pretty if it does.
According to Warren Buffett it is demonstrable that trying to predict Stockmarket corrections is an exercise in losing money. Even if the share market corrected by 30%, over the longish term you’ll get a better return than Bonds (not a scientific calculation, simply an illustrative one). Don’t take investment advice from me, but that strategy seems overly conservative, unless you are 70 years old+.
I'm 61. One of my pension funds was set back for a decade after 2008. I'll be calling that one in totally in the next 2-3 weeks.