The last time I sold stocks in a big way was in Jan 2022. Well – this past week I started selling stocks again. And I do see myself selling more stocks over the next 1 – 2 months. So I wanted to share why I did so in this piece, and hopefully it might help some of you guys out there. 3 Reasons why I sold stocks It came down to 3 reasons for me:

1. Is recession coming?
2. Equity valuations too high (for this stage of the cycle)
3. Uncertainty over what happens next is high

Let’s walk through each of them. Is recession coming? As many of you may know, we are at the tail end of the rate hike cycle. Sure, you can debate whether or not there is 1 final rate hike before the Feds pause. But almost nobody is arguing that after the next rate hike (assuming there is even one) we’ll be done for this cycle....