Israel Attack Sends Shockwaves Through Markets: Stocks Rise, Yields Retreat

Investment strategist Tom Lee believes that the recent conflict between Israel and Gaza could lead to a "risk off" market environment, causing yields to retreat and stocks to rise. Lee suggests that a decline in interest rates could occur, breaking the recent trend of rising rates. While acknowledging the tragedy of war, Lee does not believe that the conflict will fundamentally alter the recovery in equities and sees a potential decline in interest rates as supportive of equity valuation.