(Even) Tom Lee 'can't' be as positive as he has been previously. They sent out a note saying there'd

Mar 15, 2023
Upload Media

(Even) Tom Lee 'can't' be as positive as he has been previously. They sent out a note saying there'd be ripple effects from SVB.

Credit contractions will be a ripple effect from SVB's failure, says Fundstrat's Tom Lee - YouTube

After years of complete bullish comments, past few months he's been a bit more reserved but still voicing that it would be bullish afterall, but this is the first time I've heard him say something bearish.

"The cost of money for banks is going up so it's going to drive a necessary contraction of credit.

Founders (many) are now nervous where they bank. But also some regulators have been advising banks to pull back their lending to Fintech startups. "So I think there's going to be job losses."

"I think it's wrong to be bullish short term." Because although the market is down, no one wants to step in and say they want to buy.

#Technology
Update Post

<div>(Even) Tom Lee 'can't' be as positive as he has been previously. They sent out a note saying there'd be ripple effects from SVB.</div><div><br></div> <div><a target="_blank" href="https://www.youtube.com/watch?v=I-s5DmP7ltA">Credit contractions will be a ripple effect from SVB's failure, says Fundstrat's Tom Lee - YouTube</a> <br></div><div><br></div><div>After years of complete bullish comments, past few months he's been a bit more reserved but still voicing that it would be bullish afterall, but this is the first time I've heard him say something bearish. <br></div><div> </div><div>"The cost of money for banks is going up so it's going to drive a necessary contraction of credit. <br></div><div><br></div><div>Founders (many) are now nervous where they bank. But also some regulators have been advising banks to pull back their lending to Fintech startups. "So I think there's going to be job losses."</div><div><br></div><div>"I think it's wrong to be bullish short term." Because although the market is down, no one wants to step in and say they want to buy. <br></div><div><br></div><div><a href="http://landandseajournal.com/post/hashtag/Technology"></a><a href="http://landandseajournal.com/post/hashtag/Technology"><a href="http://landandseajournal.com/post/hashtag/Technology">#Technology</a></a> <br></div>
(Even) Tom Lee 'can't' be as positive as he has been previously. They sent out a note saying there'd be ripple effects from SVB.

Credit contractions will be a ripple effect from SVB's failure, says Fundstrat's Tom Lee - YouTube

After years of complete bullish comments, past few months he's been a bit more reserved but still voicing that it would be bullish afterall, but this is the first time I've heard him say something bearish.

"The cost of money for banks is going up so it's going to drive a necessary contraction of credit.

Founders (many) are now nervous where they bank. But also some regulators have been advising banks to pull back their lending to Fintech startups. "So I think there's going to be job losses."

"I think it's wrong to be bullish short term." Because although the market is down, no one wants to step in and say they want to buy.

#Technology

Show Less

Upload Media

Comments