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Market focus will shift back to earnings as debt ceiling worries fade, says Fundstrat's Tom Lee

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Fundstrat's Tom Lee recommends investors to increase exposure in industrial names as the market moves past the debt ceiling overhang.

Fundstrat Global Advisors' head of research, Tom Lee, thinks earnings and valuations will reemerge as a top priority in coming weeks with much of the debt ceiling overhang lifted.

Lee added that cooling inflation and prospects of a Federal Reserve rate hike pause also present further opportunity for investors.

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