Closing Bell Overtime: S&P 500 Can’t Quite Make It Nine In A Row; Fundstrat’s Tom Lee Calls For Huge Rally In Small Caps 8/20/24

Closing Bell Overtime: S&P 500 Can’t Quite Make It Nine In A Row; Fundstrat’s Tom Lee Calls For Huge Rally In Small Caps 8/20/24

  • By
  • Episode
      1323
  • Published
      Aug 20, 2024
  • Publisher
0 Ratings
0
Episode
1323 of 2052
Duration
42min
Language
English
Format
Category
Economy & Business

The S&P 500 and Nasdaq snapped eight-day winning streaks. But Fundstrat’s Tom Lee says he sees 40% upside in small caps before the end of the year as the Fed is expected to cut rates. Ariel Investments’ Charlie Bobrinskoy and Vital Knowledge’s Adam Crisafulli break down the broader markets. NYU’s Dean of Valuations, Aswath Damodaran, on why he prefers Amazon to Nvidia right now, plus Barclays analyst Matt Miksic on a rough day for Dexcom after strong Eli Lilly obesity data was published.

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