News Formal

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

  • 📰 CNBC
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 72%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ferragamo’s K-pop Face, Comme’s ‘Market Market’ Returns, Maison Michel Adds BagsFashionScoops: Ferragamo has tapped Jeno Lee, Comme des Garcons' 'Market Market' sale returns to New York, Maison Michel has launched hat-shaped handbags.
Source: wwd - 🏆 24. / 68 Read more »

Nvidia on track to hit $1 trillion market cap when market opensNvidia is on track to hit a $1 trillion market cap at the market open Tuesday, buoyed by an AI frenzy and a massive earnings beat.
Source: CNBC - 🏆 12. / 72 Read more »