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/biz/ - Business & Finance

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16136779 No.16136779 [Reply] [Original]

Tom Lee at Fundstrat said Friday that the October jobs report and ISM data "support our view that the industrial cycle is bottoming."

"And the broader context is," Lee added, "it looks like the economic outlook in 2020 should be an improvement over 2019 — this is in contrast with consensus expectations/positioning that the US economy is about to tip into recession. Hence, we expect a risk-on rally into [year-end]

>> No.16136790

>>16136779
WAIT you mean my spy puts arent gonna anywhere and i just a shit ton of money trying to call the top??? uihWWWWWWWWWWWWWW

>> No.16136801
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16136801

>>16136790
Yes.

>> No.16136998

>>16136779
remember guys this was the same guy calling for 40k btc when it was at 18k. the economy is fucked.

>> No.16137522

>>16136998

He also probably bought Bitcoin at 18k just like he just bought spy calls at 3050.

>> No.16137592

there has never been serious concern about recession in the us, current policy makes it essentially impossible to enter recession

>> No.16137667

>>16136998
KEK

>> No.16137715
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16137715

>>16136779
I'VE BEEN WAITING FOR THIS

THAT'S THE TOP BOYS


SELL SELL SELL

>> No.16137765

>>16137592
What current policy?
$120 billion a night in repos?

>> No.16137796

>>16136779
This is unironically a sell signal.

>> No.16138846

>>16137592
>it will always go up
Anon, how ...