Top-Ranked Hedge Fund Chief Sees S&P 500 Entering ‘No Man’s Land’
- Harnisch sticks to view that market is in a big trading range
- Firm sold out of Amazon, Alphabet while buying MasTec shares
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Bill Harnisch is on a roll. Assets in his Peconic Partners hedge fund are ballooning thanks to a near-perfect run of market timing that included shorting last year’s bear market and pivoting long just as the tide turned.
So when he says the party is over, it’s a view worth considering.