Expect the S&P 500 to reach new all-time highs in August, says Fundstrat's Tom Lee

You have also um been d I guess dovish is a word on inflation. You have not thought that there was going to be uh necessarily a a big impact from from the tariff regime. That's right.And I think the biggest takeaway is first of all if you look at the inflation report the goods component that are tariff driven it's been only mild. But also when if you use the same inflation measure Europe uses which is inflation x housing we're actually under 2%. The Fed if they were the ECB would be cutting right now.That's ...