Longtime Bull Tom Lee Issues Warning, Says 2026 May ‘Look Like a Bear Market’ – Here’s His New Forecast
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Fundstrat’s Tom Lee, traditionally bullish, warns that 2026 may resemble a bear market. He forecasts the S&P 500 to reach 7,000 by year-end and 7,700 by the end of next year. Lee anticipates tech stocks consolidating early next year, with small caps and financials potentially outperforming. He also notes that the replacement of Fed Chair Jerome Powell in May could boost markets.
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