Are investors fleeing all capital markets or are they reallocating their capital?

I'm seeing 0 stocks pumping, bitcoin is red, gold is red. only thing staying neutral are bonds. What are you doing guys? reallocating your investments or just a full retreat of capital?
I'm thinking of doing some more buying of companies' stocks I believe in that also pay good dividend, but maybe this is a time to turn to bonds? Not retreating any of my capital, just bringing more in now. What to invest it in is my question. Going intern with the values of companies, or going macro safety with bonds or gold. a little bit of ETF sauce of course, because who doesn't want that ALL world (USA 50%...)