Fundstrat's Tom Lee Suggests Market Rally May Be Delayed After Fed's Hawkish Stance

Tom Lee of Fundstrat believes the anticipated market rally is delayed following the Federal Reserve's recent interest rate hike and Chairman Warsh's hawkish comments. He characterized the Fed's stance as "peak hawkish" but noted that new inflation methodology could lead to lower year-on-year figures, potentially signaling future dovish shifts. Technical indicators also suggest a rally could still occur.