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Tom Lee's First Appearance of the Year: Broad-based Rally to Start the Year is a Good Sign, Bear Market Could Emerge by Mid-Year
BlockBeats News, January 8th, Tom Lee stated in an interview with CNBC that a broad market rally at the beginning of 2026 (stock market, precious metals, cryptocurrencies, etc.) has always been a good sign for investors and institutional investors. This year will be a year of "joy, depression, and rally," similar to the pattern in 2025. "There will be a moment this year when it feels like entering a bear market," but there will be a strong rebound afterwards, and ultimately the stock market will end on a bullish note. He predicts that the S&P 500 Index could reach 7700 points by the end of 2026.
He believes that the market may see a 15% to 20% pullback when testing the new Fed chair, especially in the second half of the year. However, this is not the end of the cycle but a buying opportunity.
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