Tom Lee: US Stocks Stronger Post-Trade War

Fundstrat’s Chief Investment Officer, Tom Lee, argues that U.S. stock market strength surpasses pre-trade war levels initiated by former President Trump. While acknowledging a recent market correction, Lee remains optimistic about the market position, predicting S&P 500 strength by year-end. He suggests this surge could lead to either a consolidation period similar to 2011 or a recovery pattern resembling 2020. Lee identifies potential stock-buying opportunities amidst market volatility. He notes concerns regarding evolving trade tensions into a wider geopolitical conflict and its possible impact on global markets. However, he remains bullish about the long-term prospects of U.S. equities. Lee’s insights offer potential trading strategies for investors, particularly those interested in oversold stocks during this period of heightened market volatility.