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 last week’s escalation of the US-Iran conflict and rising oil prices did not lead to a decline in the stock market. This is a positive sign of “decoupling,” indicating that negative risks have been priced in advance and the market remains 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 500 components have 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 already be behind us, leaving more room for upside. Tom Lee reiterated his bullish outlook on cryptocurrencies, especially Ethereum, as well as the Mag 7, technology, industrials, and small- and mid-cap stocks. (Source: BlockBeats)