US equities still overvalued – checkUS equity investment...

US equities still overvalued – check
US equity investment sentiment uncapitulated – check
Real estate expensive - check
US yield curve inverted – check
Eurodollar futures curve inverted – check
Mainstream untroubled about global collateral adequacy – check
Interest rates rising – check
Baked-in US inflation rates unlikely to fall below 5-6% within 12-18 months – check
Fed pivot before US mid-term elections unlikely – check
Mega-debt - check
Inflamed demand for USD - check

I hate-hate-hate being on the sidelines, particularly when I’ll have to sell at a loss. However, come Monday, I’ll be girding my loins to sell up to say half. (I believe that “girding one’s loins” is a classy olde-English expression for hitching up your britches and sniff-testing your jockstrap, but I could be wrong).

I'm not a financial adviser, this isn't financial advice, do your own research.