Odd Lots Why Tom Lee Thinks We Could See S&P 15,000 by 2030
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Jun 24, 2024 
Tom Lee, co-founder of Fundstrat Global Advisors, shares his bullish predictions for the stock market, suggesting that the S&P 500 could reach 15,000 by 2030. He discusses the impressive resilience of US stocks amid rising interest rates and emphasizes the role of demographic and macro trends. Lee delves into past market dynamics, drawing comparisons to the tech boom of the late '90s, while also addressing the implications of AI's rise on valuations. His insights combine historical data with forward-looking strategies that could reshape investor sentiment.
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Perma-Bull Label
- The label "perma-bull" is often used by perma-bears who have been consistently wrong.
- It's a cheap shot, not a reflection of actual market sentiment.
June Rally
- June historically has been a positive month for the stock market following a first-quarter gain and an April drawdown.
- This pattern has held true 11 out of 11 times since 1927, with a median gain of 3.9%.
Fundstrat Approach
- Fundstrat's investment approach relies on evidence-based research, cross-market signals, and monetary policy.
- They also focus on thematic drivers like millennials, labor shortages, energy security, and cybersecurity.