"Wall Street Oracle" predicts: US stocks may experience a 7%-10% pullback!
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Wall Street strategist Tom Lee predicts that the US stock market will experience a 7%-10% pullback in the next eight weeks, which may become a buying opportunity for investors. Lee believes that investors should remain cautious as the market typically shows weakness in September, while facing pressure from the Federal Reserve policy meeting and the US presidential election. Despite this, he thinks that now is a good time to buy on dips. However, Lee also expresses concerns about the volatility that the August employment data may cause, emphasizing that uncertainty could affect rate cut expectations
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