's comments at the conclusion of this week's two-day policy meeting didn't spook the market as much as they have in the past. Powell hinted that a rate cut may not be on the horizon, which initially disappointed traders.
"The market is comfortable with this earnings recession, and the Fed has proved its message is much more market-friendly," Lee said in an interview with CNBC's "U.S. stocks were trading higher Friday after a report from the Labor Department showed U.S. job creation wasThe market had been under serious pressure since early October in part on concerns about a trade war and the aggressiveness of the Fed's rate-hike policy.
Anyone who listens to Tom Lee is crazy. Cracks me up that he blocked me because I commented on how much he has diluted his credibility w his bitcoin calls...who does that except a lightweight?
Ask Tom if bitcoin is still going to 25k by the end of 2018 😜
His never right.
Wonder if there are any value investors left who think about what price to pay for specific stocks. Just sounds like you can buy anything no matter what price.
Way to raise at or near all time highs. fail