🔥Tom Lee: Capital markets tend to bottom out early in a war, rather than waiting until the end.

Tom Lee stated in a CNBC interview that last week’s escalation of the US-Iran conflict and rising oil prices did not lead to a decline in the stock market, which is a positive sign of "decoupling," indicating that negative risks have been priced in early and the market remains resilient. Historically, stock markets tend to bottom out early in a war rather than waiting until it ends. Additionally, Tom Lee mentioned that 70% of S&P 500 components have experienced a "rolling bear market," with most individual stocks or sectors having undergone significant adjustments, and selling pressure has been largely exhausted, with positions reset. This suggests that the worst-case scenario for the overall market may be over, leaving more room for upside. Tom Lee reiterated his bullish outlook on cryptocurrencies, especially Ethereum, as well as the Mag 7, technology, industrials, and small- and mid-cap stocks.
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