Is the bottom in?
Ray Dalio says yes.
https://www.youtube.com/watch?v=WA1Ji-Hj1qo
Central banks fill holes in income and balance sheets with easy money. (four & half minutes in) c.f. Roosevelt printing money and severing link to gold March 1933 exact bottom of the market. 2008 bottom when federal govt created program to save the banks and Mario Draghi said "whatever it takes".
Therefore I guess QE infinity announcement was the bottom. The holes are getting bigger and bigger. Sadly Ray has no answer to what needs to change as he probably sees no need to change but he is right that cash is trash. Maybe not last month but eventually.