The US Securities Market appears to

Tom Lee, Fundstrat, head of the American stocks, believes that American stocks are now much better compared to the period before Trump ignited a commercial war.
In a new interview on CNBC TV, Lee He says The increase in optimism for 2026 and American companies flourish during difficult times are signs that the stock market seems more appropriate than it was before Donald Trump ignited a trade war with many countries.
“When we return to February when the market was continuing at all, we have to keep in mind that we have a lot of uncertainty in front of us and we have not necessarily seen in 2026.
The vision of the customs tariff is much better today than it was three months ago, and when we look at 2026, I think there are things that we look forward to, such as canceling restrictions, tax cuts, and [Federal Reserve] This is suspended now, but may do more discounts in 2026.
From the company’s perspective, the companies survived, I think, the black swan event. These cracks were a decrease in arrows and heart attacks of the economy an environment that companies produced profits that overcome expectations. I mean, this is the fifth stress test for companies [and] When I put it all together, I think PE (the price ratio to profits) may be higher in six months of decline, and when you think about about 2026 profits, I think there is an aspect of shares. “
It goes on to say that the feelings of investors that have turned into a neutral or positive can help stocks during the second half of the year. It also indicates that institutional players do not suffer from the stock market.
“We know that many institutions did not add risks as the market rose.
So I think the decline will be somewhat shallow because investors are currently suffering. Then when you look at the feelings, they barely turn into a neutral now, so if the investors are fighting this gathering, because they become more optimistic or neutral, then this is the rise of shares. “
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