Tom Lee: Capital markets often bottom out early in the war, rather than waiting until it ends.

MeNews · 2026-04-09T07:40:17+00:00

Tom Lee pointed out in an interview that despite escalating US-Iran tensions and rising oil prices, the stock market remains resilient, demonstrating market strength. He mentioned that most individual stocks have already undergone significant adjustments, with selling pressure nearing an end, and the worst-case scenario for the overall market may have passed. He is optimistic about cryptocurrencies like Ethereum, as well as technology, industrial, and small- and mid-cap stocks.

MeNews

2026-04-09 07:40:17

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ME News update: On April 9 (UTC+8), Tom Lee, in an interview with CNBC today, said that last week the US-Iran conflict escalated and oil prices rose, but the stock market did not drop accordingly. This is a positive sign of a “decoupling,” suggesting that downside risks have been priced in early and that the market is resilient. Historically, the stock market often bottoms out in the early stages of a war rather than waiting until it ends.

In addition, Tom Lee said that 70% of S&P constituents have already gone through a “rolling bear market.” Most individual stocks or sectors have already absorbed significant adjustments; selling pressure is basically exhausted, and positions have been reset. This means the worst-case scenario for the overall market has most likely already passed, leaving more room for upside.

Tom Lee also reiterated his bullish stance on cryptocurrencies represented by Ethereum, as well as the Mag 7, technology, industrials, and mid- and small-cap stocks. (Source: BlockBeats)

ETH-2,67%

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