Fed Says Worst of COVID-19 Shutdown Could Be Behind Us

It appears that the U.S. stock market and the Federal Reserve are in agreement that the U.S. economy is bottoming, and the way forward is looking up.

Equities have certainly shot up in anticipation since the March 23 low by over one third, even in the face of heavy doubts by investors and low shouts from the bears. Unlike the pessimists, we, on the other hand, have advocated that the market rally was discounting the effects of the economic shutdown as mostly transitory and looking ahead to p...

Finish reading this report for free

Enter your email and we’ll send the paywall-free link directly to your inbox

In addition to your unlocked report, you will receive our weekly market newsletter FSI Snapshot, as well as occasional updates and offers from FS Insight. You can unsubscribe at any time. For more information, see our privacy policy.

Get unlimited access to Tom Lee’s Fundstrat research Subscribe
Already a member? Log in
Disclosures (show)

Get invaluable analysis of the market and stocks. Cancel at any time. Start Free Trial

Articles Read 2/2

🎁 Unlock 1 extra article by joining our Community!

You are reading the last free article for this month.

By continuing, you agree to the Terms of Service and Privacy Policy.

Already have an account? Sign In

Trending tickers in our research

Get invaluable analysis of the market and stocks. Cancel at any time. Start Free Trial

Articles Read 2/2

🎁 Unlock 1 extra article by joining our Community!

You are reading the last free article for this month.

By continuing, you agree to the Terms of Service and Privacy Policy.

Already have an account? Sign In