Buy stocks in May because inflation is set to plunge through the rest of 2024, Fundstrat's Tom Lee says
Investors should be buying stocks this month, as inflation is bound for a steep decline for the rest of the year, according to Fundstrat's head of research Tom Lee. Speaking to CNBC on Monday, Lee pointed to March inflation numbers, with prices clocking in hotter-than-expected for the third month straight in March.