
Stock Market Guru Tom Lee Explains Why We’re in a New Bull Market 7/26/23
CNBC's "Last Call"
00:00
The Fed Decision and the Dow Record
Tom Lee: By July 26th, we'll have rallied 195 days. There's never been a bear market rally that's lasted longer than the decline. We don't see ourselves getting a 2% inflation until all the way back to two until 2025 or so. The Fed remains the most powerful entity in the world. As long as the Fed isn't bothered by the rise in stocks, the stock market will be fine.
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