Another interesting article in the Wall Street Journal today arguing for "safe haven" investments because of global conflicts and the Fed exiting QE.
Of course we are in a bubble, and of course there is some risk with what is going on with the Fed and Ukraine. But, that doesn't change the fact that nobody can predict the market. This bubble will eventually burst, but it could be tomorrow or it could be five years from now. Trying to time it and go into "safe haven" investments now could turn out to be a great decision or a horrible mistake.
A better approach of course is to be tactical and stay in harmony with market trends. Then it doesn't matter when the bubble bursts, you can shift to "safe haven" investments before bad turns into really bad.
Of course, there is also no such thing as a "safe haven" investment but that is a post for another day.