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Podcast: MoneyShow MoneyMasters Podcast
Episode: Thomas Lee of Fundstrat: One of Wall Street’s Biggest Bulls is Getting MORE Bullish
Description: Thomas Lee is Managing Partner and Head of Research at Fundstrat Global Advisors. In this interview, the well-known Wall Street bull shares the three reasons why he’s even MORE bullish on the S&P 500 now than he was before. He also explains what fueled his recent “tactical buy” call, a call the likes of which he hasn’t issued in more than 10 years. As for the fundamentals, Tom says the expectation that S&P 500 earnings will drop 7%-plus in Q2 is both overly pessimistic and skewed by one factor. He notes that the current rally will be longer than the prec...