Fundstrat’s head of research, Tom Lee, says that a resolution of President Trump’s tariff war will create a positive setup for financial markets.
In a new interview on CNBC, Lee says that contrary to media headlines, the threat of tariffs has potentially already left their mark on the financial landscape, meaning that most of the damage has already been done to markets.
Lee references the stock market correction of 1962 during the Cuban Missile Crisis when markets bottomed before the actual resolution of the crisis took place.
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“I think markets should interpret it positively because I think when we talk to our clients, many are viewing tariffs as punitive, potentially protectionist and driving several economies into recession. This sounds like we could actually have a
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