Tom Lee: After a prolonged pause, the Federal Reserve is restarting a mild rate-cutting cycle.

BlockBeats News, August 31, in the coming weeks, the US stock market will enter a critical period that will determine whether the latest round of rebound can continue. Employment data, key inflation indicators, and the Federal Reserve's interest rate decision will all be released over the next 14 trading days, setting the market tone for investors. Currently, the stock market seems to be at a crossroads: the S&P 500 Index has just recorded its weakest monthly gain since March, and September has historically been its worst-performing month. Meanwhile, market volatility has almost disappeared. The fear index VIX has only touched the key level of 20 once since the end of June.

“It is correct for investors to remain cautious in September,” said Tom Lee, Head of Research at Fundstrat Global Advisors. “After a long pause, the Federal Reserve is restarting a mild rate-cutting cycle, making it difficult for traders to determine their positions.” This long-term bullish analyst on US stocks expects the S&P 500 to fall by 5% to 10% this autumn, then rebound to between 6,800 and 7,000 points. (Golden Ten Data)