Could the just-announced departure of Tom Lee, JPMorgan Chase & Co. (NYSE:JPM)’s notoriously bullish chief U.S. equity strategist, also coincide with the end of the Fed stimulus driven stock market bull run? In CNBC interview this morning, Lee gave no indication of impending exit Lee appeared on CNBC as early as yesterday morning and didn’t provide a clue as to his departure. Rather, he talked up the equity market as is his tendency. In the interview Lee said that a construction boom is coming and pent up demand is supporting the bull market. “I don’t see why we should be…
Will JPMorgan's Tom Lee Leaving Herald The Start Of A Bear Market?
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.