Tom Lee, a prominent equity strategist, has shifted to a cautious stance, anticipating a 7%-10% market pullback in the coming weeks. What Happened: Lee, co-founder and head of research at The Fundstrat who has been accurately bullish on the market, now foresees turbulence over the next eight weeks. He attributes this potential decline to historical trends, noting that September has historically been the weakest month for stocks. The Stock Trader’s Almanac indicates the S&P 500 has averaged a 0.7% loss every September since 1950, reported CNBC. “I think investors should be cautious for the next…
