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Because President Donald Trump has prepared for the next salvoy, the investors have solved an overview of investors, but the Cuban missile crisis can offer a road map for a large return, the top wall street strategy said.
Fondstrat global consultants Cofounter Tom Lee, who’s Strong last track record of the stock exchange predictionsexplained CNBC on Friday We are waiting for the penalty tariffs that can be decades of several economies of customers.
But Trump’s offer Will show “comfort” with mutual tariffsOn April 2, the ones may show a less violent approach to which you can build some relief.
“In fact, it sounds like we can have a positive scenario with these tariffs, or there can be something that can be a good agreement for mutual agreed or mutual enterprises,” Lee said. “And I think I think it will set the scene for a higher recovery rally than expected.”
The Cuban rocket crisis, which triggers a nuclear war between the United States and the Soviet Union, took a parallel between the missile crisis and today.
At the end of the Cold War Survey, President John F. Kennedy and Soviet leader Nikita Khrushchev was resolved after agreeing to return nuclear missiles from Turkey and Cuba.
Lee, the United States Exchange in October 1962 noted that the two-week crisis was seven days in seven days and the majority of losses before the actual resolution.
“So I think this is a decent template for today,” he said.
To potentially add some flexibility on mutual tariffs, Bloomberg said they were this weekend To be more focused a creeper, more than a global attack.
Meanwhile, like the best investors Shelter tree and there are others on Wall Street the warning of the recession. However Lee did not sign a market signal, and investors were more paralyzed than pessimist and after April 2, a large stock rally could help give up even a decline.
“One of what we should not forget is this trade agreement, if it is acceptable, all this trade in all this trade can make this issue sharply,” he said. “And it really will make us more attractive again.”
At the beginning of this month, Lee, a similar bullbul suggested the exchange outlook, 10% -15% jump forecasting The indices hit the correction of the fears that the growing trade war of the growing trade war later.
After the forecast, the forecast continued to fall after the next few days, but it was slightly retreated since then.
On March 12, after hitting the S & P 500 and Lows Half They both climbed to about 3%. Last week, shares saw the first weekly gains after four weeks, Fed President Jerome Powell’s Generally Dovish Tone Wednesday, Central Bank Fixed prices are stored fixed.
“Indeed, there are increased signs of what we have built in a trade” Lee said on Thursday.
This story was first displayed Fortune.com