One of Wall Street's greatest bulls is waving the white banner on the continuous US securities exchange rally and conveyed a startling message for financial specialists: A close term tempest is not too far off for stocks.
Lee, who fills in as head of research for Fundstrat Global Advisors, as of late declared his association's 2017 S&P 500 year-end value focus of 2,275, which is roughly 1 percent beneath momentum levels.
The market watcher communicated worry over esteem stocks getting off to a frail begin this year. "I believe it's conceivable that will have an uneven first half," Tom Lee clarified on CNBC's "Prospects Now" Thursday. "It won't be a straight shot upward for stocks. The primary half, will have a draw-around 5 percent."
Lee, who fills in as head of research for Fundstrat Global Advisors, as of late declared his association's 2017 S&P 500 year-end value focus of 2,275, which is roughly 1 percent beneath momentum levels.
The market watcher communicated worry over esteem stocks getting off to a frail begin this year. "I believe it's conceivable that will have an uneven first half," Tom Lee clarified on CNBC's "Prospects Now" Thursday. "It won't be a straight shot upward for stocks. The primary half, will have a draw-around 5 percent."
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