My current equity exposure is 65%, almost all in taxable accounts. If I had more money is retirement accounts, my equity exposure would be lower. Next year I will look at some more sales of appreciated equity, depending on how the tax position looks. People often say to ignore taxes in buy/ sell decisions, and I think this would be smart if I were 90% correct about what is coming, but I am not that correct, so I prefer to let tax considerations play a large part in deciding where or if to pare.
I am bearish on equities overall, fence sitting on medium term bonds.