Tom Lee: High oil prices may not necessarily impact the U.S. economy; the "opportunity in crisis" is underestimated

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ME News message, on April 1 (UTC+8), Ethereum Treasury company Bitmine Chairman Tom Lee said on the X platform that, based on the United States’ major regional economic structure, high oil prices are not an absolute negative for the overall economy; Texas benefits from the energy industry, New York relies on public transportation to reduce sensitivity to oil prices, and Florida has relatively short commuting distances, all of which to some extent buffer the upward shock in oil prices. In addition, Lee emphasized that the “crisis” itself contains both “danger and opportunity,” but most investors often focus only on risks and ignore potential opportunities. (Source: ODAYLY)

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