Tom Lee, Head of Research and Chief Investment Officer at Fundstrat, said the Fed (U.S. central bank) meeting on September 15 could become a critical turning point for markets. Although September has historically been a weak month and interest-rate scenarios remain uncertain, Lee said an unchanged policy decision could produce a strong stock-market rally. He said a major correction could instead be delayed until October, or stocks could see only a limited pullback after the S&P 500 rises above 8,000 points. Lee also described crypto winter (a periodic slowdown in crypto markets) as shallow and nearing its end, noting that crypto assets were the best-performing macro asset class in the third quarter. He said institutional investors are turning toward crypto stocks and that investor interest could return quickly as the four-year crypto cycle ends in the coming days. Lee identified regulatory changes as the sector’s biggest potential catalyst and said passage of the CLARITY Bill by Congress this year would give Bitcoin and Ethereum an extremely strong fourth quarter.