Tom Lee Says Slowing Earnings Growth Does Not Mean Stocks Have to Fall

Tom Lee says slowing earnings growth does not mean stocks have to fall.
"I think there's a mistake in belief that if the rate of growth slows, stocks deflate."
"If the S&P can sustain 10% earnings growth forever, the market's gonna go up 10% a year."
His point is that earnings don't need to accelerate. Stocks just need to keep growing, especially with markets already skeptical and valuations having derated.