flashed for the first time since 2007, and trade tensions reached boiling point.
But several months into the rally, Harvey says the opportunity has changed from a chance to buy to a chance to sell because "sentiment is just too darn high." His count of headlines mentioning "recession" based on Bloomberg data is down nearly 70% since August.
Last — and by no means least — is that the Federal Reserve may pause its balance-sheet expansion in the first half of the year and knock the market off its perch.
The plunge:
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