Why Tom Lee Thinks We Could See S&P 15,000 by 2030 | Odd Lots

The stock market has had a torrid run in 2024 despite the fact that interest rate cuts haven't materialized in the way people had expected at the start of the year. In fact, outside of a few blips here and there (like spring 2020), US stocks have been phenomenal performers for years. Tom Lee, the founder of Fundstrat and FS Insight has been bullish for a long time, having caught the correct side of this lengthy trend. On this episode, we speak to the former JPMorgan strategist about how he thinks about the market, what he sees happening right now in macro and demographic trends, and why he thinks it’s plausible that the market could roughly triple in the next six years.

Bloomberg's Joe Weisenthal and Tracy Alloway analyze the weird patterns, the complex issues and the newest market crazes. Join the conversation every Monday and Thursday for interviews with the most interesting minds in finance, economics and markets.

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[TimothyWilliams]

I regularly ponder how top level investors are able to be millionaires off investing. I've got a critical amount of capital that needs to be started, but I don't even know what methodologies or paths will help me make decent profits.

[gangstalean]

"Equities are the land of 'C' students." 😆

[Zowimir]

Tom "The Destroyer of Shorts" Lee

[cjwdcjwd]

Tom is the Michael Jordan of financial strategists!

[GoloPutka]

These guys just guess. Someone will always be right the bulls or the bears. No one really knows but people celebrate ones who are right thinking he or she is a genius

[nan]

S&P 500 to 15000 by 2030 is just insane, even 7500 is ludicrous. Mark my word and check back in 2030.

[mattg]

I would love to see a peak here and a beginning of a major bear market, just to prove that Tom Lee is a perma bull😅

[trespittman]

Hyperinflation incoming due to dedollarization