Name: Investors should immediately buy the stock market’s post-CPI dip with a June rate cut still on the table, Fundstrat says
Uploaded: 2024-04-12T02:12:49-04:00
Duration: 5 min
Description: Tom Lee was formerly JPMorgan’s chief equity strategist.Brendan McDermid/Reuters Investors should take advantage of the inflation-induced market sell-off and buy stocks, according to Fundstrat. Fundstrat’s Tom Lee said there was real progress made in the March CPI report, suggesting that disinflation will continue. Lee also sees a strong possibility of a Fed interest rate cut […]

Tag: postCPI

Investors should immediately buy the stock market’s post-CPI dip with a June rate cut still on the table, Fundstrat says

Tom Lee was formerly JPMorgan’s chief equity strategist.Brendan McDermid/Reuters Investors should take advantage of the inflation-induced market sell-off and buy stocks, according to Fundstrat. Fundstrat’s Tom Lee said there was real progress made in the March CPI report, suggesting that disinflation will continue. Lee also sees a strong possibility of a Fed interest rate cut […]