Will JPMorgan's Tom Lee Leaving Herald The Start Of A Bear Market?
Could the just-announced departure of Tom Lee, JPMorgan Chase & Co. (NYSE:JPM)’s notoriously bullish chief U.S. equity strategist, also coincide with the end of the Fed stimulus driven stock market bull run? In CNBC interview this morning, Lee gave no indication of impending exit Lee appeared on CNBC as early as yesterday morning and didn’t provide a clue as to his departure. Rather, he talked up the equity market as is his tendency. In the interview Lee said that a construction boom is coming and pent up demand is supporting the bull market. “I don’t see why we should be...
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