**Wall Street analysts are generally bearish, but this person has been right for 6 consecutive years**

Fundstrat founder Tom Lee is back at it again. While most Wall Street analysts are backing down, he continues to maintain a bullish outlook—and his predictions over the past few years have been impressively accurate.

**What is his core logic?**

80% of people take an inverted yield curve as a signal of recession, but Lee says this is actually an inflation expectation issue. High short-term inflation leads to high short-term interest rates, which will eventually decline in the long term, and this is the true cause of the curve inversion. Most people apply the stagflation scenario of the 1970s without realizing that the current conditions do not support long-term inflation— the labor market has cooled, and the housing market is also loosening.

**Why is now the opportunity?**

The millennial generation is in a golden period for making money, and the global labor shortage has brought about a wave of AI—this logic is exactly the same as the tech stock super cycle from 1991 to 1999.

The S&P 500 is expected to reach 7000 or even 7500 points by the end of the year. 80% of institutional fund managers are underperforming the benchmark index (the worst level in 30 years), and with only 10 days left until the end of the year, they are forced to desperately bottom-fish.

**What about the encryption part?**

BTC is expected to surge to $200,000, but Lee is more optimistic about ETH—stablecoins and tokenized gold are eating into Bitcoin's demand, which are all running on smart contract chains like Ethereum. His technical team predicts ETH could reach $9,000 to $12,000 by January next year, meaning it could potentially double from now.

**Final Advice:**

Don't wait for a correction. Peter Lynch once said that the money lost while waiting for a correction is often more than the correction itself. If you're unsure, consider dollar-cost averaging over 12 months; this way, even if the market drops, you can lower your cost basis.

"Get ready, fasten your seatbelt." This is Lee's summary for the rest of the year.