Why U.S. Stocks May Rebound in Second Half

Why U.S. Stocks May Rebound in Second Half
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Why U.S. Stocks May Rebound in Second Half

Stock market volatility has increased over the past month, mostly because of the Greek debt crisis and China’s stock market crash. Despite the recent volatility, Fundstrat Global Strategist Tom Lee feels U.S. equities have more upside in the second half of the year. In his view, valuation is now more attractive for U.S. equities and investors who are nervous about China and Europe may look to rotate more assets to U.S. equities. Additionally, he believes the negative impact on stocks from falling crude prices will reverse in the second half because consumers and companies will finally benefit from lower energy costs.

 

 

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