Video Clip from CNBC on Mar 16, 2024
Fundstrat's Tom Lee is saying that the investors he is meeting with are still under invested and are waiting to buy dips in the stock market.
He says that since margin debt is still quite low and there are record amounts of cash on the sidelines, and that these dips may keep getting bought. He also says that when the Fed starts to visibly cut interest rates, then small caps will gain.