9/3/2023 0 Comments Tom lee tagr![]() "I think a lot of things that we're seeing that look like amplified downside pressure could be transitory," he said. Lee maintained that despite fears of a recession, he expects the market to start to recover. "I think we're forgetting that these sanctions against oligarchs, that's close to $300 billion of externally managed money that a lot of hedge funds now have to either freeze or redeem, and that's putting a lot of selling pressures on markets," he said. The selling pressure on the markets will abate. … I think they're trying to take appropriate policy," Lee said. "In terms of the Fed not having a put, because it's going to tighten, I think it's really going to depend on the path of not only the war, but supply chain glitches. The central bank is aiming for appropriate policy. Indeed, oil prices continued to slide on Tuesday, dipping below $100 a barrel after topping $130 last week. Lee noted that oil is still cheap on a price per barrel basis. Lee said that in addition to seeing positive risk-reward, he expects that the headwinds currently scaring investors will turn into tailwinds for the second half of this year and listed the reasons why: Investors should put oil price surges into perspective. Investors are also expecting the first quarter-percentage-point rate hike since 2018. Also spurring market instability is the Federal Reserve 's two-day meeting slated to conclude Wednesday. The Dow Jones Industrial Average increased 1.2%. ET, the broad market index gained about 1.4% while the Nasdaq rose around 1.8%. Markets became even shakier in recent weeks due to skyrocketing inflation, Russia's invasion of Ukraine and Covid fears. Lee's comments come as the stock market trends higher on Tuesday after months of volatility. I think that's far higher than what credit is priced," he later added. ![]() Local delivery & self-pick orders will arrange delivery within 3-10 working days. Free shipping on Hong Kong order over 1,000 on eshop. Find your favorite pianos, guitars & instruments in store & online. … It could get worse if we actually break into recession, but again, I think the stock market is priced more than 50% chance. Tom Lee Music is your trusted music centre for buying instruments in Hong Kong and Macau. I mean, the risk-reward is just too strong. " "Going forward, I don't think investors can get hurt. Connor, 28, is the youngest of the two kids 61-year-old Tom shares with his ex-wife Nicole. ![]() "Our base case for this first half of this year was 'stocks would be treacherous.' … It's been a far deeper correction than we expected, but I don't think the contours of the rest of the year change that much," Lee, the head of research at Fundstrat Global Advisors, said in an interview on " Halftime Report. Tom Cruise was seen in New York over the weekend with his son Connor and older sister Lee Ann Mapother. Tom Lee told CNBC on Tuesday that while he was overly optimistic about the stock market's performance so far this year, he sees positive risk-reward for investors in the second half of the year. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit ![]()
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