Questions S&P 7000 target given previous missed forecast and asks about 2026 impediments
Ian
Tom Lee
This year compressed five years of market history with major bear market and biggest tariff hikes ever
Tom Lee
Expects similar pattern next year with policy shock causing 20% drawdown again
Asks about crypto's violent shakeout impact on broader markets
Ian
Tom Lee
Crypto had Armageddon event on October 10th with unprecedented liquidation
Tom Lee
Crypto represents precise measurement of risk appetite due to high leverage
Tom Lee
Crypto near bottom but now lagging, AI will be leading instead
Tom Lee
Still very likely Bitcoin above 100,000 by year-end and may make new highs