Markets

Fundstrat’s Tom Lee pinpoints the single most important indicator signalling strong economic growth — and details his stock-market strategy for taking advantage

The January jobs report missed estimates on Friday, but its significance is limited and won’t ultimately hinder the stock market’s upward path, according to Fundstrat’s Tom Lee. Instead, Lee says investors should turn their focus to the steepening yield curve, which suggests that strong economic growth — and subsequent stock […]
Fundstrat’s Tom Lee pinpoints the single most important indicator signalling strong economic growth — and details his stock-market strategy for taking advantage
Markets

Bitcoin futures could be hurting bitcoin’s price

The Fundstrat cofounder Tom Lee says bitcoin futures contracts could be linked to the cryptocurrency’s “gut-wrenching” decline. Futures were launched in December, and since then bitcoin has fallen to $US6,500 from $US20,000. CBOE responds saying “recent regulatory scrutiny” and declining media interest among more likely reasons for the price drop. […]
Bitcoin futures could be hurting bitcoin’s price