Tom Lee: Do not oppose Washington; the White House will influence the rise and fall of various industries.

BlockBeats News, January 14 — Bitmine Chairman Tom Lee warns investors not to oppose Washington, believing that the White House is increasingly influencing the rise and fall of various industries. He stated that this dynamic change is more important than the monetary policy at the beginning of the year.

Tom Lee pointed out that credit card companies, the Federal Reserve, and institutional mortgage buyers are currently the “losers,” citing Trump’s push to limit credit card interest rates and the political pressure faced by the Federal Reserve as examples. He indicated that these policies could lead to a tightening of the credit environment.

Tom Lee believes that on the “winner” side, housing-related assets will become hot picks because Trump focused on housing affordability and lowering mortgage rates before the election. He is also optimistic about energy, materials, large-cap technology stocks, cryptocurrencies, industrials, financials, and small-cap stocks benefiting from economic growth.