Tom Lee Advises Caution in Stock Market Amid Record Highs
Fundstrat's Tom Lee highlights a growing divergence in market participation as wealthier investors avoid high-risk stocks despite the S&P 500's record performance. "These aren't stocks we recommend," Lee emphasizes, noting a $7 trillion cash reserve sidelined by institutional players.
The caution contrasts with retail enthusiasm, particularly in crypto markets where traders flock to emerging platforms. Lee's analysis suggests this hesitation could fuel future growth cycles when capital deployment resumes.