Tom Lee, Cio de Fundstrat, recently spoke with CNBC, suggesting that the broader market can be close to a fund, potentially as soon as this week.
Lee’s perspective occurs in the midst of economic uncertainty when President Trump navigates for his first 100 days in office. Several factors are contributing to market volatility, including the program of the Government Expenses Department (Doge), which imposes austerity measures that reduce public spending, and tariff policies create greater uncertainty for companies and investors.
Bitcoin (BTC) has experienced another investment in the price, completing Friday’s CME gap and is currently at $ 83,000, more than 10% this year. Meanwhile, the Nasdaq 100 has also fallen almost 10%, with another similar decrease would trigger a bearish market.
Lee points out Friday’s next work data as a key event that could dictate the short -term market management. If the data is worse than expected, anticipates an initial panic wave, but Lee believes that it could also make the Federal Reserve accelerate interest rate cuts.
Currently, the futures market has a price at 75 basic cuts of cuts for this year, which would carry the reference federal funds to a range of 3.50% -3.75% by the end of the year. Until now, the Fed has already implemented 100 basic cuts of cuts in this cycle.
Lee also addressed Bitcoin’s struggles, noting that his recent recession is not driven by negative news, but by cyclic market forces. See a short -term potential objective price of $ 62,000, but it is still Bitcoin of more than $ 150,000 by the end of the year.
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