Investors' recency bias means they can't see how things could inflect, says Fundstrat's Tom Lee

Fundstrat's Tom Lee joins 'Closing Bell: Overtime to discuss the markets and why he continues to remain bullish even after the Nasdaq took a 5.5% hit this week.

[spanky]

When the world is on fire Tom says alls well!

[behrensf]

Tom Lee, the eternal optimist.... you feel good about the future when you hear him talk. Whether or not what he is say makes any sense, doesn't matter... It's therapy...

[matthew]

I'm new to crypto and stock market and I've been making huge loses but recently i see alot of people earning from it. can someone please give me a new strategy or at least tell me if what I'm doing's wrong?

[mardiv]

I do not know about the market but Tom’s optimism makes me feel so good like a father to a child

[lennythellam]

I respect Tom Lee's independence and diligence. He's shown time again that he understands CNBC's clickbait incentives. However, unlike guests who simply bang the table to get attention, Tom supports his views with a pretty firm grasp of economic data. He might not be spot-on near term, but we can benefit from his experience, knowledge and logical explanations. Speculative views of most guests really do drive recency bias - making us overweight recent data and distracts us from trying to understand fundamental drivers. Thank you, Tom!

[lazybeatz]

When you have Tom on I tune in!!!! U gotta have him on! Tom Lee is the

[tuttut]

Scott: "Y'know Tom, I'll have to admit, when I have you on, people say 'why you keep having him on? He's too bullish. He says the same thing about being bullish every time.'"

Tom: 😐

[haynesatteh]

I wasnt financial free until my 40’s and I’m still in my 40’s, bought my third house already, earn on a monthly through passive income and got 4 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made. Great video! Thanks for sharing!Very inspiring! I love this

[derekpochurko]

Let me guess what he says without clicking play. "Inflation has peaked", "people are buying", "s and p to 5000"

[thisguy]

This guy is legendary - down 27% this year he still just robotically says BUY BUY BUY. He will be right 7 of 10 times. This year the emperor has been shown no clothes.

[Bogpillz]

This guy is basically a defense lawyer. He knows he's wrong but it's his job to take this side. He can't switch now he is too deep down the rabbit hole. His bags are bleeding out and he has spent so much time assuring people everything is okay if he flips his "credibility" will be gone!

[drtomgao]

I think CNBC loses credibility for having him on still waiting for his 100-200k bitcoin call to come to reality. The fact is you can find a chart for anything you want to say.

[davidtothemax]

tom lee would be bullish even after the world explodes from an asteroid

[blogistics]

Tom Lee the only voice that makes me feel better after losing my retirement.

[justinmiller]

I have never been this bullish since Spring 2020

[ryanhemesath]

How can you possibly say inflation has peaked with a straight face? Core CPI hasn’t peaked and continues to make new highs.

[bipolarpunt]

Amazes me that they have Tom Lee on and he is wrong EVERYTIME. "This isnt going to take decades to fix" Deep thoughts by Tom Lee

[daveh]

Tom lee shows you that light.... at the end of the tunnel, during difficult times...

[acesfullmike]

I'm voting with Tom Lee. He has a reasoned view and not just following the heard mentality. As regards to Fedx, the company could be blaming its own problems on macro issues. It wouldn't be the first time that has happened.

[kylefabbro]

Tom forgot that companies survived COVID and high inflation due to the middle class bailing them out with $3+ trillion in 2020.