Tom Lee: Tonight's non-farmers show that the market is too worried about inflation

On August 7, Tom Lee commented on the cold non-farm data of the night, saying that the market suffers from “inflation disorder” and that, despite the fact that inflation is going down, the market is still agitated and hawks. “After the employment report, the probability of an interest rate hike in September dropped sharply from 75% two weeks ago to less than 40%, after many economists had advocated an early rate hike, a reaction that highlighted the market’s excessive concern about inflation. Tom Lee suggested that investors avoid miscalculating the current situation on the basis of high inflation memories in 2022。