Odaily Planet Daily News, Tom Lee, co-founder and research director of Fundstrat, predicts that the stock market will experience some volatility in the next eight weeks, although he believes that the retroceso may be a buying opportunity for investors. Tom Lee said in an interview with CNBC's "SquawkBox Europe" on Tuesday: "I think investors should be cautious in the next eight weeks. However, he continued," I think people have the opportunity to buy in the next eight weeks. That is to say, caution is a good thing, but be prepared to Comprar los Dips. According to CME's "Fed Watch" tool, the market prices the possibility of a 25 punto base rate cut by the Fed in September at 67%, while others see a chance of a 50 punto base rate cut. (Jin 10)
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Fundstrat co-founder: Investors should remain cautious in the next eight weeks due to potential Fed rate cuts and the U.S. election.
Odaily Planet Daily News, Tom Lee, co-founder and research director of Fundstrat, predicts that the stock market will experience some volatility in the next eight weeks, although he believes that the retroceso may be a buying opportunity for investors. Tom Lee said in an interview with CNBC's "SquawkBox Europe" on Tuesday: "I think investors should be cautious in the next eight weeks. However, he continued," I think people have the opportunity to buy in the next eight weeks. That is to say, caution is a good thing, but be prepared to Comprar los Dips. According to CME's "Fed Watch" tool, the market prices the possibility of a 25 punto base rate cut by the Fed in September at 67%, while others see a chance of a 50 punto base rate cut. (Jin 10)