• Stocks could rally 20% before the end of the year on a Republican victory in Congress and a cooler October inflation report, Fundstrat's Tom Lee says

    24 days ago - By Business Insider

    REUTERS/Brendan McDermid
    Stocks could see a major rally by year-end on a Republican victory in Congress and cooler inflation, Fundstrat's Tom Lee said.
    He pointed to expectations of lower inflationary spending if Republicans took the majority in Congress.
    If midterm results are met with a cooler October inflation report, that could spark a 20% rally for stocks, he said.
    Stocks could see a major rally before the end of the year if Republicans eke out a victory in Congress and the upcoming inflation report shows price increases slowing in October, according to Fundstrat's Tom Lee. In a note...
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