Part 4/6:
Referring to previous warnings of market turbulence in Q4 of last year, Lee notes that current market sentiment reflects a similar pattern of uncertainty. Despite speculations of short-term turbulence due to lingering political and economic concerns—such as tariffs—he believes these factors will not have lasting detrimental effects on the market.
Lee mentions that a recent survey indicated an increase in concerns about tariffs among investors—a reflection of the ongoing unpredictability in market conditions. However, he posits that should this turbulence lead to decelerated hiring conditions, the Fed might consider rate cuts sooner than expected, which could ultimately foster a positive environment for stocks.