🚨 Fed Rate Decision TodayMarkets are pricing in a ~90%+ chance that Fed Chair Kevin Warsh hikes rates by 25 bps this afternoon (first hike since 2023).Current range: 3.50%–3.75%
Expected new range: 3.75%–4.00%Despite the expected hike, Fundstrat’s Tom Lee remains strongly bullish:
He sees a substantial rally into the end of September
Believes Q4 (post-midterms) could deliver one of the biggest rallies in years
Thinks the upside continues into 2027
Lee’s take: A lot of the bad news is already priced in. A 25 bp hike may actually clear the path for yields to fall and sidelined cash to rush back in.What are you watching — the hike itself or the market reaction?#Bitcoin #Crypto #Fed #RateHike #TomLee
Expected new range: 3.75%–4.00%Despite the expected hike, Fundstrat’s Tom Lee remains strongly bullish:
He sees a substantial rally into the end of September
Believes Q4 (post-midterms) could deliver one of the biggest rallies in years
Thinks the upside continues into 2027
Lee’s take: A lot of the bad news is already priced in. A 25 bp hike may actually clear the path for yields to fall and sidelined cash to rush back in.What are you watching — the hike itself or the market reaction?#Bitcoin #Crypto #Fed #RateHike #TomLee