While many market participants are caught up in the excessive noise from the popular press, Tom Lee has remained focused on the key drivers of US economic strength. I have known is work for many years and have followed his market calls closely since 2015. Back in 2016 and 2017 when some so-called experts predicted a massive selloff in equity, Tom appeared in the press again and again making consistent and very accurate market that resulted in 10% to 15% equity rallies. Since 2018 I have travelled to New York, meeting some of the most successful equity investors on Wall Street and some were again suggesting that US equity markets would reverse and collapse. Over the past several months there has been doubts about US equity (some investors called for S&P 500 to have a deep drop to 2,700 or lower) but if you read at the Fundtrat research offering, Tom and his team were focused on levels much higher – Funstrat was as it turns out, right again.
Tom Lee of Fundstrat Global Advisors
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