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Get ready for stocks to embark on a weekslong rally after the Fed cuts rates, Fundstrat's Tom Lee says

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Fundstrat 's Tom Lee said a Fed rate cut will be bullish for stocks, regardless of its size.

Lee pointed to the Fed 's upcoming policy meeting, with markets expecting a rate cut on Wednesday .

Markets are pricing in a 61% chance the Fed will cut rates half a percentage point, according to the CME FedWatch tool.