Israel Attack Sends Shockwaves Through Markets: Stocks Rise, Yields Retreat
TL;DR
Investment strategist Tom Lee believes that the recent conflict between Israel and Gaza could lead to a "risk off" market environment, causing yields to retreat and stocks to rise. Lee suggests that a decline in interest rates could occur, breaking the recent trend of rising rates. While acknowledging the tragedy of war, Lee does not believe that the conflict will fundamentally alter the recovery in equities and sees a potential decline in interest rates as supportive of equity valuation.
- Investment strategist Tom Lee sees Israel attack leading to ‘risk off’ market environment, where yields retreat and stocks rise MarketWatch
- Sue Gordon on Israel attack: There will be ripple effects for years that we just can't predict yet CNBC Television
- Business community shocked and outraged by attack on Israel: ‘Terrorism loves a leadership vacuum and we have created one’ Yahoo Finance
- How I'm approaching the market in the wake of the attack on Israel CNBC
- Wall Street's Narrative Gets Lost in Horror Over Attack on Israel Bloomberg
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