Tom Lee, co-founder and managing partner at Fundstrat Global Advisors, shares his keen insights on the market's trajectory for 2025. He predicts a peak for the S&P at 7,000 early in the year, followed by a downturn. Lee highlights the expected success of small and mid-cap stocks, while discussing the dollar's enduring strength in a Bitcoin-friendly landscape. He also tackles the potential pitfalls of AI, government tariffs, and the evolving economic advisory role needed to navigate future market risks and opportunities.
01:03:53
forum Ask episode
web_stories AI Snips
view_agenda Chapters
menu_book Books
auto_awesome Transcript
info_circle Episode notes
question_answer ANECDOTE
Scott Galloway's Christmas Memories
Scott Galloway shares a darkly humorous anecdote about his childhood Christmases.
These involved parental tension, divorce, and a memorable encounter with his father's new girlfriend.
volunteer_activism ADVICE
Sentimental Gift Ideas
Consider giving framed photos as Christmas gifts.
They are sentimental and appreciated.
insights INSIGHT
Decline of Traditional Advertising
Traditional advertising agencies are losing relevance due to the rise of digital platforms like Google.
This shift is changing how brands connect with consumers, impacting agencies' value.
Get the Snipd Podcast app to discover more snips from this episode
The Ultimate Gift follows Jason Stevens, a young man who is given a series of 12 tasks by his great-uncle Red Stevens to inherit his vast fortune. Through these tasks, Jason learns the value of hard work, money, friends, learning, problems, family, laughter, dreams, giving, gratitude, and how to spend a meaningful day. As Jason completes each task, he transforms from a selfish individual to a thoughtful person who values experiences over material wealth. The book culminates in Jason realizing that the ultimate gift is not money or tangible property, but the understanding and appreciation of life's priceless moments and the importance of love and other ethereal virtues[1][3][4].
The Algebra of Happiness
Scott Galloway
The Coming Wave
Technology, Power, and the Twenty-first Century's Greatest Dilemma
Mustafa Suleyman
The Coming Wave delves into the impending technological revolution driven by AI and synthetic biology, arguing that this wave will have a more dramatic impact on humanity than any previous technological advancement. Suleyman discusses how these technologies will create immense prosperity but also threaten the nation-state and global order. He examines historical technological waves and their societal implications, proposing the 'containment problem' as the essential challenge of our age. The book explores the potential for catastrophic harms, overbearing surveillance, and the need to forge a path between catastrophe and dystopia. Suleyman offers 10 steps to contain the rapid expansion of these technologies, though he acknowledges the complexity and potential failure of such containment efforts[1][3][5].
Scott and Ed open the show by discussing Omnicom’s acquisition of Interpublic, an update on the TikTok ban, and OpenAI’s new ChatGPT pro subscription. Then Tom Lee, the co-founder, managing partner and head of research at Fundstrat Global Advisors, joins the show to discuss his outlook for 2025, including why the S&P might hit 7,000 next year before retreating in the second half. He explains why he thinks small and mid-cap stocks will be successful, and why he believes the dollar could maintain dominance in a more Bitcoin friendly world. Tom also breaks down the potential downsides of AI, tariffs, and the Department of Government Efficiency.
Prof G Markets 
