Famous investor Tom Lee thinks that the stock market has shown an “overreaction” for the rollout of Trump administration rates.
Lee, the co-founder and head of research at Fundstrat Global Advisors, says in a new interview with CNBC that the American Federal Reserve is now able to start reducing the rates “because the inflation measures purchase”.
The investor notes that the chances of the Fed -Snijp prices were ‘sustained’ in May. Current bets on the decentralized Gokplatform Polymarket suggest that there is a chance of 33% that the FED will lower the policy percentage by 25 basic points in two months.
Lee also argues that a “Trump Put exists.”
“Look at yesterday, Tesla’s Down 15%, and Social Donald Trump talks about Tesla on the truth. So I think there is a well, we just don’t know the level when the White House intervenes. “
Lee says that there are “really attractive opportunities” in shares at the moment, especially those with large draws.
Earlier this month, Lee investors warned that Bitcoin (BTC) and other crypto assets would not be immune to market turbulence.
“The work of our technical strategist Mark Newton [shows] Solana, Ethereum and Bitcoin all have disadvantages. He has been Bearish since mid -January, so I think it is correct and his close target for Bitcoin is $ 62,000 at the end of March.
But is $ 62,000 a reason for me to become Bitcoin Bitcoin? I mean, if you exchange it, yes, but Bitcoin was $ 100 10 years ago, so $ 60,000 is still a fantastic return and I think the usefulness of Bitcoin is still improving. It is still a risk-to-active, so I don’t expect it to go well if the market is hit by rates.
It is not immune to that type of turbulence, but will confidence around Bitcoin grow in the next five years? Yes, and is it increasingly seen as a store of value such as gold? Yes, I think more and more. “
https://www.youtube.com/watch?v=p69J-MNLFTM
Don’t miss a beat – Subscribe to get e -mail notifications directly to your inbox
Check price promotion
Follow us on XFacebook and Telegram
Surf the Daily Hodl -Mix
Generated image: midjourney
