On April 14, Tom Lee, Fundstrat's Head of Research, joined CNBC's 'Power Lunch' to discuss his outlook on equities. Lee argued that the US stock market remains resilient because the economy is performing better than expected despite the ongoing war. He explained that while it may seem counterintuitive, defense spending of $30 to $60 billion per month acts as an economic stimulus. While the recent $20 increase in oil prices adds ~$12 billion per month to the household burden, Lee noted that on a net basis, t ...