Tag: Cofounder Tom Lee
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Tom Lee’s Bullish Predictions: S&P 500 Nears Year-End Target Amidst Economic Resilience, Points to Small-Caps for 2024 Opportunities
In January, prevailing economic sentiments painted a gloomy picture for 2023, with concerns about inflation and rising interest rates hinting at an impending recession. Fundstrat Global Advisors co-founder, Tom Lee took an unconventional stance, predicting a robust performance for the S&P 500, surging nearly 25% to a year-end target range of 4,750 to 4,800 Tom…