bullish
Why Tom Lee Thinks We Could See S&P 15,000 by 2030
SUMMARY
- Stocks have rallied significantly in a rising rate environment, defying initial expectations
- There is nervousness in the market due to lack of breadth in stocks and heavy reliance on tech stocks like Nvidia
- Tom Lee, co-founder of Fundstrat Global Advisors, accurately predicted the stock market rally, with a target of 5500 for the S&P 500, which is close to the current level of 5475
This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.
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