Tom Lee of Fundstrat says that canceling the introductory escalation can enhance the recovery of the large securities market for the rest of the year
The head of research at Fundstrat says that canceling the escalation of the trade war between the United States and China can be an incentive for a tremendous reflection in the stock market.
In new interview With CNBC TV, Tom Li says that the customs tariff negotiations between nations that calm down would reduce the possibility that the economy will pass.
“We know that the markets have become very pessimistic, and their prices have been 60 % of the recession, and if the customs tariff negotiations get rid of the escalation, the possibility is not high, so I think there is still a great window for the markets to have a great recovery but in reality the way to cancel the classification.”
According to Lee, investors must pay attention to how to operate the tariff war between the United States and China. He says that if the definitions remain in place, this may be bad news for the global economy. However, if one of the countries surrenders or spoils the situation-a scenario that is probably betting-this leads to a shift in the stock market.
“The United States and China have ridiculous levels of mutual definitions at the present time. If you think this is in place, the global economy is in trouble and must be landfill.
But if this is an issue that makes the offer first or over, but we know that it removes the escalation, then I think that the downside starts greatly, and I think the shares can do it well in the rest of the year. “
https://www.youtube.com/watch?
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