Tom Lee Says CPI Could Be ‘Pivot Point’ For Markets – Sees ‘Pretty Sizable’ Stock Rally If Inflation Cools
In an interview with CNBC, Lee said that stocks could rise even if the Fed hikes next week, since the move may already be priced in. According to Lee, a core CPI reading of 0.2% or lower could reduce expectations for a September rate hike and trigger a market rally. He said that the AI … Read more