Tom Lee: The Market Can Climb Higher—But Expect Turbulence | #630
Today’s guest is Tom Lee, CIO of Fundstrat Capital, PM for the Granny Shots U.S. Large Cap ETF, and the Head of Research at Fundstrat Global Advisors. Prior to co-founding Fundstrat, he served as J.P. Morgan’s Chief Equity Strategist from 2007 to 2014. In today’s episode, Tom explains why stocks have remained resilient despite war, higher oil prices, and widespread investor skepticism. He shares his outlook for the S&P 500 and discusses the coming wave of mega-IPOs. Finally, Tom covers his successful entrance into the ETF space with the Fundstrat Granny Shots ETFs.
Key Points
- Tom Lee discusses the surprising resilience of the US economy despite high oil prices and geopolitical tensions, highlighting the continued strength of AI and semiconductor stocks.
- Tom Lee explains that private credit might face losses but believes the underwriting is better than most realize, suggesting it won't be a systemic issue.
- Tom Lee emphasizes the potential of blockchain and AI to revolutionize industries, predicting that digitally-native companies will become major financial players in the future.
Follow Tom: Website; LinkedIn; X
Resources: GEM 2025/2026 Global Report: From Uncertainty To Opportunity
The Coming Mega-IPO Flow & Funding Problem of 2026
Paul Tudor Jones - Lessons From 50 Years in Markets
Visit www.fundstrat.com/tom for complimentary access to Tom's daily insights, market alerts, live webinars, and stock lists.
Sponsor: Want to learn more about 351 Exchanges? Visit the Alpha Architect 351 Education Center for use cases, tools, FAQs, upcoming launches, and more. Investments in securities entail risks, including possible loss of principal and are not suitable for all investors.
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Transcript
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