Investor Tom Lee, President Trump’s tariffs can be a scene for a much larger rescue rally than expected
Tom Lee, President of Fundstrat’s research, said President Trump’s decision of the tariff war will create a positive installation for financial markets.
In a new interview with CNBC, Lee, unlike the media headles, says that the threat of tariffs has potentially leaves traces on the financial landscape, that is, most of the damage has already been made to the markets.
Lee refers to the 1962 stock exchange correction during the Cuban missile crisis when the markets are at the bottom before the actual solution of the crisis.
“I think the markets should interpret it positively because I think when we talk to our customers, many of them see tariffs punishing, potentially protective and a few economies as a stagnation. This can actually have a positive scenario with these tariffs.
There are still eight transactions until April 2. Most investors only get nausea from volatility, so they want to throw them into the towel, but at the same time we know that the markets will be sub -or historically dipped before they actually take place. The best example of the Cuban missile crisis in 1962. This was a 12 -day crisis. The stock market lasted seven days for this crisis and before the decision, he regained two -thirds of the losses. I think this is a good template for today. “
https://www.youtube.com/watch?v=bfa40Wvamkc
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