⚡ Tom Lee: Wash's more dovish remarks favor the recovery of risk assets and AI trading On October 29, Tom Lee stated on CNBC following yesterday’s FOMC meeting that Wash’s recent comments were more dovish, benefiting the recovery of risk assets and AI trading. Tom Lee noted that Wash publicly questioned the notion that "AI growth inevitably leads to inflation," which is significant because markets had previously feared that AI-related capital expenditures would drive up inflation and force the Fed to raise or tighten rates. As a result, "we can now take good news at face value. You can now say that significantly better-than-expected data is positive, because the Fed won’t try to slow down AI growth."