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

ME News Report, April 9th (UTC+8), Tom Lee stated in an interview with CNBC today that despite the escalation of the US-Iran conflict and rising oil prices last week, the stock market did not decline accordingly. This is a positive sign of “decoupling,” indicating that negative risks have been priced in advance and that the market is resilient. Historically, stock markets tend to bottom out early in wars rather than waiting until the conflict ends. Additionally, Tom Lee mentioned that 70% of S&P component stocks have already experienced a “rolling bear market,” with most individual stocks or sectors having undergone significant adjustments, with selling pressure largely exhausted and positions reset. This suggests that the worst-case scenario for the overall market may have already passed, leaving more room for upside. Tom Lee reiterated his bullish outlook on cryptocurrencies, represented by Ethereum, as well as Mag 7, technology, industrials, and small- and mid-cap stocks. (Source: BlockBeats)