I liquidated my entire tech portfolio here's my thinking, curious if others see it differently.

While the market sentiment leans toward a year end "Santa Rally," the macro backdrop is giving me strong dotcom peak vibes. A few concerns driving this decision:

Inflation is ticking back up, which puts the Fed in a tough spot.

AI capex spending still hasn't shown clear ROI beyond consumer facing chatbot applications

Valuations at all time highs make the risk/reward feel skewed

I'd rather forgo the last 5% of potential upside and sit in cash than risk being caught holding depreciating assets if this turns out to be a 2027 bubble pop.

Open to pushback on this genuinely want to hear the counterargument if I'm missing something. Good luck out there either way.

Disclaimer: I am not a financial advisor. This is not investment advice or a recommendation to buy or sell any security just my personal, non professional opinion shared for discussion. Please do your own due diligence before making investment decisions. I'm not responsible for the outcome of anyone else's trades.