[Tom Lee: A Single Additional Rate Cut by the Fed May Not Be a Bearish Signal] On September 26, Fundstrat co-founder Tom Lee stated that although the market expects the Federal Reserve to cut rates twice this year, even a single rate cut may not necessarily be bearish. He believes that if the Fed cuts rates against the backdrop of a strong economy, the market might interpret it as a positive signal. Additionally, he pointed out that due to the lag in estimating housing inflation, the Fed may have delayed the initiation of easing policies, but this should not lead to the start of a new rate hike cycle.