Is a Stock Market Surge Coming? Experts Say Yes—But Will You Jump In? 😱💸
So, apparently, the stock market’s doing great, which is fantastic news if you’re into financial rollercoasters—except, of course, for those of us who prefer to stand on the sidelines and clutch our pearls. Fundstrat’s Tom Lee, the oracle of all things bullish and bearish, has spoken, and he’s waving his magic macro wand.
In an electrifying interview on CNBC’s Closing Bell (cue dramatic music), Tom laments that lots of people are still clutching their wallets tight, despite seeing the S&P’s shiny moment in the sun. Yes, the market’s looking as healthy as a salad at a diet convention, but some investors are still stuck in their “what if” pajamas, worrying about tariffs and global trade tantrums.
“In our calls and Zooms with portfolio managers, many are still cautious because they see tariff risks ahead, and they don’t have tariff resolution in hand. They can’t get bullish. I think the feedback we get from a lot of folks is that they think stocks shouldn’t be rising.”
Sounds familiar, right? Like watching your favorite rom-com and thinking, “This is too good to be true.” But here’s the punchline: Lee insists the market’s set for a “substantial leg-up rally.” Like, hold onto your handbags, folks, because this could be the big one.
“I would say given the amount of cash on the sidelines, the fact that short interest is going up, and we have a quiet week and markets are rallying, I think the risk is now of a substantial leg-up rally from here.”
And worry not about tariffs spoiling the party. Lee claims higher rates won’t very much shake the economic boat. Think of it like adding a little hot sauce—spicy, yes, but not enough to sink the whole thing.
“Remember, before February, before Trump sort of talked about this, the base case for many was a 15% tariff. Let’s say that we’re going to end up at 10%. That’s 10% on 15%, which is imports, which is about a 1% GDP effect. That’s not that different from oil going from $40 to $80. We wouldn’t say $80 oil breaks the economy anymore, so I think tariffs – we have to adjust to it, but it’s not the thing that takes us to 4000 S&P anymore.”
So, grab your popcorn 🍿, sit back, and enjoy the show—because according to these market sleuths, we’re headed for a rally. Or at least, that’s what they say. 💼📈
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2025-06-05 12:24