Tom Lee: The market has already absorbed over 90% of the selling pressure, and stocks typically bottom out within the first 10% of the war progression.

MeNews · 2026-04-06T01:03:10+00:00

Tom Lee said in an interview with CNBC that the market has absorbed most of the selling pressure and may be entering a bottoming phase. He believes that stock markets typically bottom out early in a war, and the current bad news could trigger risk-off behavior, but the market could also experience a V-shaped rebound. He is confident that the U.S. economy can withstand oil prices of up to $120.

MeNews

2026-04-06 01:03:10

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ME News message, on April 1 (UTC+8), Tom Lee said in an interview with CNBC: “I think the market has already priced in 90% to 95% of the selling pressure. The process of selling may already be over, and now we can start rebuilding the base. I think we must recognize that in a war environment, the stock market often bottoms out early. We studied every war since 1900, and the stock market has always bottomed out within the first 10% of the war’s progression. So if this time also follows that pattern, we are currently in the early stage of this process. At this stage, any bit of bad news will trigger de-risking. But you also know that this is why positions are worth watching, because at some point, when people become overly neutral, even if the situation is not that bad, the market could still see a round of a V-shaped rebound.” Tom Lee added on social media that even if the “low point” has not yet been reached, he believes the U.S. economy can withstand oil prices of $100, even $120. (Source: ChainCatcher)

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