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<p>TOM LEE ROCKING A GREEN TIE:

RISING BOND YIELDS MAY BE “TRANSITORY”

@fundstrat argues that the Nasdaq hitting record highs and crypto rallying suggest investors expect the pressure from higher yields to ease.

For $ETH, that would mean a recovery getting support from improving financial conditions. The key test is whether bond yields start confirming what he sees in stocks and crypto.

The green tie is bullish. Bringing “transitory” out of Powell’s retirement drawer is a bold move.</p>

TOM LEE ROCKING A GREEN TIE:
RISING BOND YIELDS MAY BE “TRANSITORY”
@fundstrat argues that the Nasdaq hitting record highs and crypto rallying suggest investors expect the pressure from higher yields to ease.
For $ETH, that would mean a recovery getting support from improving financial conditions. The key test is whether bond yields start confirming what he sees in stocks and crypto.
The green tie is bullish. Bringing “transitory” out of Powell’s retirement drawer is a bold move.

TOM LEE ROCKING A GREEN TIE: RISING BOND YIELDS MAY BE “TRANSITORY” @fundstrat argues that the Nasdaq hitting record highs and crypto rallying suggest investors expect the pressure from higher yields to ease. For $ETH, that would mean a recovery getting support from improving financial conditions. The key test is whether bond yields start confirming what he sees in stocks and crypto. The green tie is bullish. Bringing “transitory” out of Powell’s retirement drawer is a bold move.

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