The Fed's Wages Report and Wages Aren't Accelerating

Tom Lee: I think we're seeing signs that the economy is coming back into balance. The NFIB survey that came out today showed only 36% of companies had to raise wages. That's the lowest since May 2021, and this is sort of a picture of inflationary pressures are ebbing. And at the same time, the economy is strong enough to kind of be slipping into an expansion, which I would say is a good environment for stock.