Tom Lee, co -founder of Fundstrat and his administrative partner, exports the US stock market in the short term.
In a new CNBC interview, Lee He says Markets are “really excessive sale” currently following a correction that came amid fears of American definitions.
According to the co -founder of Fundstrat, investors currently face uncertainty, but there will be clarity after April 2 that can reduce the pressure pressure.
“On this week, I think on April 2, investors have three things in their minds. One of them, they do not know how customs tariffs appear. They do not know whether it will harm the economy. I think, third, many feel a little terrifying the White House policies.
But beyond today, I think the markets will get some vision. This allows us to rid some of the sale pressure. So yes, I think it can collapse us here and instead seeing the markets under additional pressure, we have already got the appropriate pieces down. “
According to Lee, the American economy “will appear well” after imposing the proposed definitions by the American administration to be held on April 2, a day that President Donald Trump called “the day of liberation.”
Britain’s exit from the European Union [the exit of the United Kingdom from the European Union] Example, as you know. Britain’s exit from the European Union occurred and the UK’s economy appeared well. He had no great recession and the stock market is fine.
So for investors today, during the weekend, we had a lot of thinking that the economy would fall completely after Wednesday. “
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