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Podcast: The John Johnston Lounge
Episode: Tom Lee: Dip Will Be Bought + Margin Loans All Time High!
Description: I react to and discuss another recent interview with Fundstrat’s Tom Lee, in which he again attempts to predict the short and medium term trajectory of the stock market based on macroeconomic factors, including the level of the S&P 500 by yearend. I also discuss a recent interview with Interactive Brokers Chair Thomas Peterffy, who observes that margin loans are at an all time high, and discusses the possible stock market implications. See below timestamps:00:23 Tom Lee - Buying The Dip06:05 Thomas Petterffy - Margin loans warning signJoin Th...