๐จ @Fundstrat CIO TOM LEE ON FED CHAIR KEVIN WARSH AND WHAT IT MEANS FOR MARKETS:
"The Fed kind of rattled markets in September. Now we have a Fed that's committing to the same targets."
The most important thing Warsh said:
"I was happy to hear him say that he didn't think AI growth is necessarily inflationary."
What that unlocks:
"Now we can say good news is good news. You're gonna be in a position to say big beats are great because the Fed is not gonna try to slow AI growth."