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Odd Lots

Why Tom Lee Thinks We Could See S&P 15,000 by 2030

Jun 24, 2024
46:21
Snipd AI
Bullish stock market strategist Tom Lee predicts S&P 15,000 by 2030, discusses market trends, thematic portfolios, growth potential in tech industries, interest rates impact on stock valuations, and setting price targets. He explores the cultural significance of the number seven using BMW 7 Series.
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Podcast summary created with Snipd AI

Quick takeaways

  • Tom Lee predicts S&P 15,000 by 2030 based on demographic trends and market resilience.
  • Consider factors like active wallets and sentiment in market analysis to predict price movements.

Deep dives

Tom Lee's Approach to Price Targets and Market Analysis

Tom Lee discusses his method of using historical data and evidence-based research to predict market movements and establish price targets. He emphasizes the importance of considering factors like the number of active wallets and activity per wallet in analyzing Bitcoin's price movements. Lee also highlights the impact of sentiment and institutional knowledge on market perspectives, suggesting a potential growth trajectory for the S&P 500 to 15,000 by 2030.

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