BlogSpotTipsBlogSpotTips
  • Home
  • Education
  • Finance
  • Latest Internet News
    • Social Media
    • Software
  • Game
  • Contact Us !
Facebook Twitter Instagram
BlogSpotTipsBlogSpotTips
  • Home
  • Education
  • Finance
  • Latest Internet News
    • Social Media
    • Software
  • Game
  • Contact Us !
Facebook Twitter Instagram
BlogSpotTipsBlogSpotTips
Home»Finance»Tom Lee: No recession—it just feels like it
Finance

Tom Lee: No recession—it just feels like it

DeepBy DeepMarch 3, 2016No Comments1 Min Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

Long-time stock market bull Tom Lee said Thursday the U.S. won’t go into recession over the new year financial turmoil.

But he argued: “Corrections and bear markets have the same feel, which is buying doesn’t feel right. Selling feels good.”

Lee, co-founder of boutique equity research firm Fundstrat Global Advisors, told CNBC’s “Squawk Box” he understands why investors are “really leery and cautious,” but he’s keeping the faith.

“The market have been terrible. But that doesn’t mean this is how markets are going to behave two [or] three months from now,” he said. “There are lots of reasons to expect markets to start to perform better.”

Read MoreMark Grant: US recession looms—and here’s why

Ahead of Thursday’s trading, the stock market was poised for a weekly loss, picking up in February where last month left off. Wall Street logged its worst January since 2009.

“[But] one of the messages from earnings this season has been, companies don’t see the same type of destruction that markets are feeling,” Lee said, though he conceded that “investors are doubting what companies are saying.”

 

To learn more about how we use your information, please
[“source -cncb”]
feels it just Lee: like No recession—it Tom
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Deep

Related Posts

India 2022 Heatwave: Climate Change Made it Hotter and 30 Times More Likely

May 24, 2022

What Is Social Blogging and Should You Be Doing It?

April 20, 2022

The Evolution of Social Media: How Did It Begin, and Where Could It Go Next?

February 7, 2022
Recent Post
  • Why asking, “How are you feeling today?” is so important for managers leading through change
  • SEPTEMBER 4TH GOOGLE UPDATE REPORTS ABOUT A MAJOR UPDATE
  • Writing an Article vs. Writing a Blog Post: What’s the Difference?
  • Microsoft 365 Business Premium is the Best Plan for Most Businesses
  • Stocks making the biggest moves midday: Shopify, Etsy, Twitter and more
  • Stocks making the biggest moves premarket: Dick’s Sporting, Express, Wendy’s and more
  • Stellantis CEO warns of electric vehicle battery shortage, followed by lack of raw materials
  • Realme Pad Mini launched in India with 8.7-inch display, price starts at Rs 10,999
Search
  • Home
  • Privacy Policy
  • Contact Us !
© 2023 BlogSpotTips. Designed by BlogSpotTips.

Type above and press Enter to search. Press Esc to cancel.