I sold, the recession is near, everyone I know is telling me...

I sold, the recession is near, everyone I know is telling me things are super busy, they can't keep up, and they have had enough, some sort of stagflation or worse runaway inflation is around the corner, locally WA is doing fine, but I'm hearing talks about efficiency issues and belt tightening coming from mining workers , i do believe IO has a couple good years of $100 plus averages to come as the world rebuilds(roaring 20s) but share valuations and the need for money to be returned to offset home loans is going to cause a swing down in markets, intrest rate increases my take a break for 6 month but they'll need to continue pushing them up in the new financial, company profits will hurt and valuations will take a reckoning - the forward looking market will see what's coming - belt tightening

fmg still a great LT investment, but taking money off the table now suits my life and I believe enough writing is on the wall, things are getting expensive, the inflated economy may be coming in for a harder than expected landing - this will effect all stocks