Stocks’ Continued Strength Bodes Well For 2nd Half

FS Insight Team

"An investment in knowledge pays the best interest." — Benjamin Franklin

Good evening:

For months, our Tom Lee has said inflation would fall throughout 2023 and the Federal Reserve would take its foot off the gas. Markets, which are forward-looking, recognized both themes in the first half. In our view, this week functioned as more confirmation of what Lee has been calling since stocks bottomed last October. Don’t look now, but the tech-heavy Nasdaq – technology has been Lee’s top...

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