gfp: The lack of broader participation in this post election re-flation rally is clear evidence that this is just blow off top we've been expecting. Two sectors are responsible for the entire rally, and in one of those sectors, the financials, just two stocks (GS and JPM) are responsible for over half the move. This is a classic market top. They'll be using 2017 as a teaching tool in the business schools of the future, along with 1929.
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