VIDEO: Macro Minute: 6/5/2023

VIDEO: Macro Minute: 6/5/2023

Tom Lee shares his commentary on the market after Monday’s trading session. Tom observes a relatively flat performance in the markets and highlights the bond volatility and employment figures as noteworthy. He points out the softening job market indicated by the ISM services employment figure falling below 50 and the significant deceleration in inflation in Europe. Tom reaffirms his views on market breadth expansion and emphasizes the reasonable valuations in the market. He discusses specific laggard stocks within the FANG group that have shown recent leadership. Tom also discusses the potential growth in the industrial sectors based on both market confirmation and fundamental drivers.

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