I sold out today, not because this Co does not have huge...

I sold out today, not because this Co does not have huge prospects, but because of the following macroeconomic factors

• prospect for interest rates increases domestically (3 expected this year where previously they were not pencilled in til 2024) and abroad (4 in the states (5 predicted by ANZ today)),
• US unemployment is below 4 there,
• the level of sophistication in equity markets which will make price discovery a guessing game! (previously 80% of the market was professional, institutional, wholesale etc) today it's closer to 60%).
• persistent inflation (again the states looks to have printed at approx 7.1% annualised).

Happy to sit in cash and buy on the way up (potentially at higher prices) but not happy to sit here for 12 months hoping that the above factors don't significantly impact this Co.

Simple as that really. Thought I would share before we get a BMM or AF sell down theory. My holding made up ~10% of the days turnover and I've held for 18 months in this last instance. Can't go broke making a profit.

Good luck.