Fundstrat’s Thomas Lee: 3 Reasons Why One of Wall Street’s Biggest Bulls is Getting MORE Bullish
Thomas Lee is Managing Partner and Head of Research at Fundstrat Global Advisors. In this interview, the well-known Wall Street bull shares the three reasons why he’s even MORE bullish on the S&P 500 now than he was before. He also explains what fueled his recent “tactical buy” call, a call the likes of which he hasn’t issued in more than 10 years. As for the fundamentals, Tom says the expectation that S&P 500 earnings will drop 7%-plus in Q2 is both overly pessimistic and skewed by one factor. He notes that the current rally will be longer than the preceding decline if it continues through July 26, making the “bear market rally” moniker invalid. And he shares why he still likes Big Tech, what three catalysts should power industrials, and why one lagging sector should finally find its footing. Lastly, he gives a sneak peek at what he’ll discuss at our upcoming Investment Masters Symposium in Las Vegas, set for Aug. 8-10, 2023 at the Paris Las Vegas. Click here to register: https://conferences.moneyshow.com/accredited-investors-symposium-las-vegas/?scode=058759
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