Stocks could hit record highs this summer on cautious investor positioning and better-than-expected COVID-19 data, Fundstrat's Tom Lee says

Stocks could hit record highs this summer on cautious investor positioning and better-than-expected COVID-19 data, Fundstrat's Tom Lee says

Business Insider

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· *The stock market has been resilient amid rising COVID-19 cases in the US, suggesting that investors had been "bracing for a more dire path regarding COVID-19," Tom Lee said in a note published on Monday.*
· *That, combined with cautious investor positioning toward equities, means the stock market is in "risk-on" mode and...

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