The stock market is gearing up for a strong recovery in the 2nd half as 'transitory' inflation begins to cool, Fundstrat says

Jul 6 2022 by Business Insider

 

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The stock market is poised for a strong second-half recovery as inflation proves to be transitory, according to Fundstrat's Tom Lee.Lee highlighted falling commodity prices and a decline in home sales as reasons why recent inflation is more temporary than structural."Can inflation accelerate if inflation expectations and inflation leading indicators are tanking?" Fundstrat's Tom Lee asked.

Concerns of elevated inflation will likely abate over the coming months as surging...

Continue Reading The stock market is gearing up for a strong recovery in the 2nd half as 'transitory' inflation begins to cool, Fundstrat says