Why one of Wall Street's biggest bulls says investors should brace …

Jan 19, 2024 · Uncertainty over Fed rate cuts will fuel a near-term drop in stocks, one of Wall Street's most bullish forecasters warned.

$100
OFF

#Bitcoin Breaks $100K In A Game-Changing 2024 - YouTube

2 weeks from now

Jan 8, 2025 · 2024 was huge for crypto. Bitcoin hit $100K, ETFs brought billions, and meme coins plus AI-driven platforms like Pump.Fun stole the spotlight. With Bitcoin h...

bing.com

36%
OFF

#MicroStrategy Hits 446,400 BTC Despite Stock Slump - YouTube

2 weeks from now

4 days ago · MicroStrategy now holds 446,400 BTC worth $42B, doubling down on its Bitcoin strategy even as MSTR stock drops 36% from its all-time high. Will Saylor’s bold...

bing.com

FAQs about Why one of Wall Street's biggest bulls says investors should brace … Coupon?

Did Wall Street's biggest Bulls underestimate how much higher stocks can climb in 2024?

One of Wall Street’s biggest bulls is telling clients that he may have underestimated how much higher stocks can climb in 2024. Tom Lee, chief strategist at Fundstrat, said his current year-end target for the S&P 500 to finish 2024 at 5,200 might be too low, given how much higher the index has climbed in January. ...

Is the stock market starting a new bull market?

“In our view, the stock market bottomed October 12, 2022, and the rise over the past nine months is the start of a new bull market,” said Lee. “We have had a huge decline in inflation, and the inflation war is the war the Fed is waging and seemingly winning.” ...

Is Tom Lee bullish on the stock market?

But over the course of the year, Lee remains bullish on the stock market. One of the most bullish forecasters on Wall Street who was spot-on in his 2023 outlook is now warning investors that the stock market will soon take a hit. Stocks could drop as much as 7% after this month, according to Tom Lee, the head of research at Fundstrat. ...

Should investors be worried about the stock market?

If history is anything to go by, investors have nothing to worry about, but be optimistic, as the equity market has always rallied each year after a 28% or more gain the previous year. ...

Is the stock market headed for a big first-half gain?

See: The stock market is headed for a big first-half gain. What history says that means for the rest of 2023. In late October, Lee remained resistant to cutting his 2022 year-end price target of 5,100 and still expected a “base” case for 2023 that the S&P 500 could gain over 25%. ...

Will stocks rally in the fourth quarter?

More recently, Wilson dismissed the likelihood that stocks would rally in the fourth quarter, only to see the S&P 500 achieve its biggest monthly advance of 2023 in November. See: Morgan Stanley’s Wilson: Next rally attempt will fail as investors are punishing earnings reports. ...