On Friday last week, Tom Lee, head of research at Fundstrat and “par excellence” forecaster of the stock market, said that he was very comfortable with his bullish stance because the CBOE Volatility Index was back to normal levels, stock prices had risen on bad news, and higher oil prices had been less damaging than consensus expectations, suggesting that the “war bottom” had been reached…
A Macro Market View by Hubert Marleau
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