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President Trump’s Tariffs Could Set Stage for Much Bigger Recovery Rally Than Expected, Says Investor Tom Lee

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Fundstrat’s analysis, Tom Lee, says {that a} answer to President Trump’s charge warfare will create a constructive angle for monetary markets.

In a brand new interview on CNBC, Lee says that, in contrast to media headlines, the specter of charges might have left all their mark on the monetary panorama, which signifies that most injury has already been induced to markets.

Lee refers back to the 1962 inventory market correction through the Cuban rocket disaster when the markets had been Backside earlier than the precise answer of the disaster occurred.

“I feel markets ought to interpret it positively, as a result of once we speak to our prospects, many take into account charges equivalent to punishment, probably protectionist and drive completely different economies in a recession. This appears like we are able to have a positive-case state of affairs with these charges.

We nonetheless have eight buying and selling days till 2 April. Most buyers are merely nauseous with volatility, in order that they wish to throw the towel within the towel, however we additionally know that markets will likely be on the underside or be historic backside earlier than the occasion really occurs. One of the best instance is the Cuban rocket disaster in 1962. That was a 12-day disaster. The inventory market battled for seven days in that disaster and restored two -thirds of the losses earlier than the decision. So I feel that is a good template for at present. “

https://www.youtube.com/watch?v=BFA40WVAMKCC

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