Fundstrat’s Tom Lee Warns of “Abrupt” Bear Market Later This Year

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Fundstrat’s Tom Lee pushed back on the growing consensus that this week’s Fed meeting was hawkish. He argued investors misjudged new Fed Chair Kevin Warsh’s communication style and intentions. “Kevin Warsh has a very different communication style and he plans to kind of modernize how the Fed monitors data,” Lee said. “I think the markets …