市場可能正在接近關鍵的轉折點

Fundstrat的湯姆·李（Tom Lee）表示，市場可能正在接近一個關鍵的轉折點，他認為當前條件可能會為可交易且可能是真正的底層奠定基礎。

Fundstrat's Tom Lee believes markets may be approaching a key turning point, setting the stage for a tradable and possibly real bottom.

Fundstrat的湯姆·李（Tom Lee）認為，市場可能正在接近一個關鍵的轉折點，為可交易且可能是真正的底層奠定了基礎。

What Happened: Speaking in an interview with CNBC on Monday, the veteran strategist pointed to a confluence of oversold indicators, investor de-risking, and anticipated policy clarity later in the week.

發生的事情是：在周一對CNBC採訪時，這位資深戰略家指出了超出的指標，投資者降級風險和預期的政策清晰度。

"I think it's possible that instead of us breaking down here and seeing markets under further pressure, we've actually got the right pieces for a bottom," said Lee, Fundstrat's Head of Research and Chief Investment Strategy Officer.

Fundstrat的研究主管兼首席投資戰略官Lee說：“我認為，我們實際上有可能在進一步的壓力下看到市場，而是看到市場的底層合適。”

His remarks come as the S&P 500 flirts with correction territory, lagging recent highs by nearly 10%.

他的言論是因為標準普爾500指調和更正領域的調情，最近的高點落後近10％。

Lee noted that despite bearish sentiment over the weekend and pressure on futures, investors have already undergone significant de-risking, setting the possibility for a relief rally.

李指出，儘管週末看跌和對未來的壓力，但投資者已經經歷了巨大的疾病風險，為救濟集會帶來了可能性。

This is especially relevant as uncertainty around tariffs and government policy begins to ease after Wednesday.

這尤其重要，因為周三之後的關稅不確定性和政府政策開始緩解。

"Markets are really oversold," Lee explained. "And I think post-Wednesday, we'll start to see some visibility. That could take the selling pressure off."

李解釋說：“市場真的超賣了。” “而且我認為周後，我們將開始看到一些知名度。這可能會降低銷售壓力。”

Among the major concerns driving current market sentiment are fears of economic disruption due to trade tariffs, lingering inflation, and a cautious Fed policy.

在推動當前市場情緒的主要問題中，人們擔心由於貿易關稅，持續的通貨膨脹和謹慎的美聯儲政策而造成的經濟中斷。

Also Read: Strategy Acquires 22,048 More Bitcoin For $1.92 Billion, Bringing Total Holdings To 528,185 BTC

另請閱讀：策略以19.2億美元的價格收購了22,048個比特幣，使總持股達到528,185 BTC

Why It Matters: Lee suggested that some of these fears may be overblown. He also highlighted how falling energy prices and lower interest rates could buoy growth, counteracting stagflation concerns.

為什麼很重要：李建議其中一些恐懼可能被誇大了。他還強調了能源價格下跌和降低利率如何促進增長，從而抵消停滯的問題。

"People are buying cars and wine ahead of tariffs, and that's distorting inflation," Lee observed. "But if you factor in some of the positive effects like lower gas prices and interest rates, we might actually see better growth."

李說：“人們在關稅之前購買汽車和葡萄酒，這正在扭曲通貨膨脹。” “但是，如果您考慮一些積極影響，例如較低的汽油價格和利率，我們實際上可能會看到更好的增長。”

He added that while forecasts, like Goldman Sachs' recent upward revision of core PCE inflation, point to sticky price pressures, the Fed may remain more dovish than the market currently anticipates.

他補充說，雖然預測，例如高盛（Goldman Sachs）最近對核心PCE通貨膨脹的上升修訂，表明價格壓力很大，但美聯儲可能仍然比市場預期的更配。

"I think we'll have a glimpse of what Chair Powell's thinking when he speaks Friday after the jobs report. The Fed still seems more dovish than many believe."

“我認為我們在鮑威爾在工作後周五講話時會瞥見他的想法。美聯儲似乎仍然比許多人相信的要骯髒。”

Lee's comments come during a volatile stretch for both equity and crypto markets.

Lee的評論是在股票和加密市場的動盪中。

He acknowledged that Bitcoin has been testing recent lows, but said the cryptocurrency could benefit from the Fed's more accommodative stance.

他承認比特幣一直在測試最近的低點，但表示加密貨幣可以從美聯儲更寬容的立場中受益。

"I think it's a decent time to be stacking. Now that we're exiting March and entering a stronger seasonal period, Bitcoin could do well into year-end."

“我認為這是一個不錯的堆積時間。現在，我們正在退出遊行並進入更強大的季節性時期，比特幣可以在年底之前做得很好。”