Fundstrat’s Tom Lee says stocks are in a ‘dangerous’ spot but long-term investors should sit tight

Fundstrat’s Tom Lee says stocks are in a ‘dangerous’ spot but long-term investors should sit tight

As major stock indexes fell again on Monday, Fundstrat’s Tom Lee said the market was in a “dangerous” situation but he still expected the market to erase most of its recent losses by the end of the year.