Tom Lee sees S&P 500 topping 7,000 by year-end, says don't be fooled by shutdown calamity talk

Tom Lee sees S&P 500 topping 7,000 by year-end, says don't be fooled by shutdown calamity talk

"We would not lean bearish because of shutdowns," Lee wrote in a note to clients Thursday. "If stocks are down, we would be dip buyers."

Tom Lee sees S&P 500 against 7,000 towards the end of the year, says he is not fooled by Shutdown Calamity Talk

It is unlikely that the shutdown of the government will derail the impulse of the stock market until the end of the year, according to Tom Lee, Fundstrat Global Advisors' Research. Lee believes that the suspension of economic data releases from federal agencies is a “sidebar problem”, adding that closes from the past have had […]