![]() Investors also have a slew of quarterly reports to consider this week. So investors are kind of Fed higher for longer little bearish in to this week, and I think core CPI could come in at 0.2 or better," Lee, the founder and head of research at Fundstrat Global Advisors, said on CNBC's "Squawk Box" on Monday. "We thought a tactical sort of opportunity was emerging because last week the market sold off because the jobs report was too strong, yields really popped. That said, Fundstrat's Tom Lee sees the inflation report coming in lighter than expected, which could spark a rally. Despite nonfarm payrolls growing less than expected in June, slightly stronger-than-expected wage growth raised concern over the potential for more Federal Reserve rate hikes. ![]() Last week, the S&P 500 pulled back 1.16%, while the Nasdaq Composite and Dow fell 0.92% and 1.96%, respectively. ![]() Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit ![]()
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