Legendary economist Gary Shilling says consumer signals point to a recession in the next 12 months
(www.businessinsider.com)
Depends on your age and risk profile. Timing the marker doesn't lead to good gains. But being out of the market doesn't have a risk of loss. Statistically, you're better off in the market.
However, if you don't have liquid savings, get the buffer ready now. If you are looking at changing job, be wary of last-in-first-out. If you are taking on debt, like a mortgage, consider how that will go with a recession.