Market bull Tom Lee predicts a record September, but warns stocks are vulnerable to a 10% pullback in October (via TradingNation)
Longtime market bull Tom Lee is predicting a profitable period for investors in September.
"We could have a really strong rally in September," the Fundstrat Global Advisors' co-founder and head of research told CNBC's "" on Friday. "We didn't think there was a window for a 10% correction for most of 2021. The window where we think you could start to have potentially a 10% pullback is October."
"We get that much closer to tapering," the CNBC contributor said. "That's really when the debt ceiling rhetoric comes back, and if there are going to be concerns about the debt ceiling, the bond market could panic."
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