Prominent analyst and Fundstrat managing partner Tom Lee believes the US stock market is gearing up for another huge upside burst.

In a new CNBC interview, Lee says conditions are now ripe for the Federal Reserve to start cutting rates after the Bureau of Labor Statistics (BLS) revised down the job growth figures for June from 147,000 to 14,000.

“I think the data is just catching up to what we already know. The labor market has been soft, so I think it’s a positive setup because now the Fed has more ammunition to make a dovish pivot in the fall, and it’s not too late because we know the thing that they’re going to stimulate is the housing market…

So that is what strengthens the economy in 2026. So I think it’s quite a positive setup, we’re just consolidating, and then we make a bigger move higher.”

According to Lee, the Fed now needs to shift its focus from inflation to unemployment amid the softness in the labor market. He also notes that if the Fed removes housing market data from its calculations, inflation would be below 2%.

“I think when they look at their dual mandate, they’re probably drifting further from the employment metric now because the unemployment rate, if you use the existing participation rate before the [recent] report, it’s almost 5% now. 

So the Fed now has to be considering the risk of the jobs market going into a cycle of weakening.” 

Follow us on X, Facebook and Telegram

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

Fundstrat co-founder and BitMine chairman Tom Lee said Bitcoin may still be able to reach $250,000 in 2025, despite other crypto analysts cautiously pulling back targets.

“I think Bitcoin should really build upon this 120 before the end of the year. 200,000, maybe, 250,” Lee told Natalie Brunell on the Coin Stories podcast on Tuesday. 

Last November, Lee gave a 12-month deadline for Bitcoin (BTC) to reach $250,000.

Not all analysts are as bullish as Tom Lee

While analysts like BitMEX co-founder Arthur Hayes and Unchained’s market research director Joe Burnett have recently echoed a similar price target for the year, others have adopted a more cautious outlook with less than five months left until the end of 2025. 

In May, Bernstein and Standard Chartered set their year-end Bitcoin targets at $200,000, while 10x Research’s Markus Thielen recently projected a more modest $160,000.

Lee said there is a probability that the four-year cycle has ended for Bitcoin due to the mounting institutional interest in Bitcoin, an increasingly shared belief among executives in the industry.

However, crypto analyst Rekt Capital recently said that if the Bitcoin cycle follows the 2020 pattern, the market will likely peak in October, which is 550 days after the Bitcoin halving in April 2024.

Bitwise chief investment officer Matt Hougan recently called the four-year halving “dead”  and predicted that 2026 will be an “up year” for Bitcoin.

Crypto market sentiment shifts to “neutral”

Lee’s optimistic target comes as Bitcoin has seen a volatile week. 

After reaching a new all-time high of $123,100 on July 14, BTC pulled back to $112,044 over the weekend and is trading around $113,000 at the time of publication, according to Nansen.

There’s also been a recent tumble in crypto market sentiment. The Crypto Fear & Greed Index, which measures overall market sentiment, shifted from a “Greed” score of 60 on Tuesday to a “Neutral” score of 54 on Wednesday.

Related: Bitcoin analysis warns BTC price ‘going lower’ first as $113K slips

However, Lee said skepticism is a positive in any financial market. “It’s a sign that there is still price discovery underway. Because if people were all bullish, in the public realm, when everyone is bullish, then it’s probably in the price,” he said.

“When there is plenty of skepticism and reasons to be skeptical, it allows markets to have positive surprise.”

Lee forecasts that Bitcoin should reach $1 million “over time.”

Magazine: Ether could ‘rip like 2021’ as SOL traders brace for 10% drop: Trade Secrets

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

]]> https://earlybirdsinvest.com/bitcoin-may-still-have-steam-for-250k-this-year-fundstrats-tom-lee/feed/ 0 51735 https://earlybirdsinvest.com/high-net-worth-investors-are-still-cautious-on-these-stocks-according-to-fundstrats-tom-lee/ https://earlybirdsinvest.com/high-net-worth-investors-are-still-cautious-on-these-stocks-according-to-fundstrats-tom-lee/#respond Sun, 27 Jul 2025 13:00:56 +0000 https://earlybirdsinvest.com/high-net-worth-investors-are-still-cautious-on-these-stocks-according-to-fundstrats-tom-lee/

Fundstrat co-founder and managing partner Tom Lee says that deep-pocketed investors are still skeptical of a certain stock group, despite a rally in the markets.

In a new interview on CNBC Television, Lee says that high-net-worth investors are still on the fence about speculative stocks, shares of firms that carry a high level of risk but also offer the potential for very high returns

The performance of these stocks is often attributed to hope and hype rather than a proven business model.

Says Lee,

“These are not the stocks that we recommend for our clients. You know, we stick with large-cap quality and portfolios. 35 of the best S&P [500] names…

There’s $7 trillion of cash on the sidelines, and retail investor sentiment, I think you have to really fracture it. I think the Robinhood community is bullish, but what I’d call the high-net-worth and the traditional equity investor is still pretty cautious. That’s the heart of our universe of clients.” 

Lee also says that the US stock market is still in good shape to witness more rallies, as investor sentiment appears to be muted despite surges to all-time high prices.

“So I would say speculative activity, those are such small examples that I would say it’s way too early for me to say there’s speculation…

High beta as an ETF (exchange-traded fund), if you look at that, it usually should lead in a bull market. So it’s not unusual… 

But the thing to keep in mind is that in 2021… people were speculative excess in these Mag 7 and these large-cap names. There’s hardly any euphoria in those stocks.”

Follow us on X, Facebook and Telegram

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

Fundstrat’s Tom Lee says the S&P 500 has room to run.

In a new interview with CNBC, Lee predicts the leading stock index could surge to 6,800 in the next few months, fueled by rate cuts from the U.S. Federal Reserve.

“People always find quibbles with new highs, but we also know that for an institutional asset manager, it is not really excusable to be bearish when the market makes a new all-time high. So in other words, the institutions now have to start adding risk if we’re making all-time highs, because it’s a new bull market.” 

Lee says the FOMO (fear of missing out) trade is a component of the current market environment.

“It’s merely a reorientation of perception, because the market’s only at 5% year-to-date, but we could be up 10%, so only half of the full-year gains have been realized, so if someone had fresh eyes on the market and knows the Fed’s being dovish and tariff risks are abating and multiples could expand, I think people could find many stocks to buy.” 

The S&P 500 set a new all-time high last week and is trading at 6,263.26 at time of writing. The index is up more than 0.6% in the past day and more than 1% in the past 5 days.

Follow us on X, Facebook and Telegram

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

Fundstrat’s head of research, Tom Lee, believes that the S&P 500 will march to new record levels by the end of 2025 after brushing aside multiple shocks over the last few years.

In a new CNBC interview, Lee says the S&P 500 is in the midst of the “most hated V-shaped” rally after the stock market index recovered from a 2025 low of 4,835 to a new all-time high of 6,215 points.

According to Lee, many investors dumped their stock holdings during the market’s early-year decline, only to be left on the sidelines as equities staged a strong rebound.

“A lot of folks liquidated at the lows, but we know that whenever the VIX (volatility index) is above 60 and falls below 30, you’ve made a decisive low. 

And now visibility is better, tariffs aren’t as bad as we expected, and the inflation impact has been very muted, and outside of tariffs, [underlying] inflation is much lower than people expected.”

Looking ahead, Lee believes that there’s no reason to be bearish on the S&P 500 after casting off five shocks in half a decade.

“I think there’s more upside to 6,600 [points] because the P/E (price to earnings) of the market can go up a lot. We already had five shocks. We had the Covid shock, the supply-chain shock, the inflation shock, the Fed-fastest-hikes-in-history [shock] and then we had the tariff shock. 

So five shocks in five years, and earnings kept growing. If this was a stock, we’d say, ‘Look if you try to kill it five times and it still grew earnings, we would put a much higher multiple.”

As of Monday’s close, the S&P 500 is trading at 6,198 points.

Follow us on X, Facebook and Telegram

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

Fundstrat’s head of research, Tom Lee, says the Federal Reserve may be forced into a rate-cutting phase after overdoing monetary tightening.

In a new interview on CNBC, Lee says he’s watching for a point when the Fed could run into an “accident,” where it waits too long to address a slowing economy.

Lee says he’s anticipating a potential “panic” scenario from the Fed.

“There could be an accident because what we are ignoring is that housing is choking and collapsing under the weight of higher interest rates, and the labor market isn’t as strong as it appears.

When we look at the ability to get a job, it’s much harder. So… there’s long and variable lags, and there could be an accident where the Fed would have to panic, so I think that’s something we have to watch in the incoming data…

I think there could be a point where the Fed suddenly realizes the risks are actually to the downside for the economy weakening, and so the Fed will actually have to respond to an economy that they’re strangulating and really fighting what they believe is a supply shock inflation. So I’m a little concerned that the Fed could be late if they continue to hold.”

Follow us on X, Facebook and Telegram

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: DALLE3

The head of research and co-founder of financial services firm Fundstrat says that many people continue to have reservations about stocks despite positive signals in the market.

In a new interview on CNBC’s Closing Bell, Tom Lee says that there are still a number of people who are hesitant to engage with the equities market, regardless that the S&P is doing well and many investors are bullish.

“In our calls and Zooms with portfolio managers, many are still cautious because they see tariff risks ahead, and they don’t have tariff resolution in hand. They can’t get bullish. I think the feedback we get from a lot of folks is that they think stocks shouldn’t be rising.”

Lee says indicators hint at a bullish trajectory for the market.

“I would say given the amount of cash on the sidelines, the fact that short interest is going up, and we have a quiet week and markets are rallying, I think the risk is now of a substantial leg-up rally from here.”

He says that tariffs matter, but the higher rates will not have critical effects on the economy.

“Remember, before February, before Trump sort of talked about this, the base case for many was a 15% tariff. Let’s say that we’re going to end up at 10%. That’s 10% on 15%, which is imports, which is about a 1% GDP effect. That’s not that different from oil going from $40 to $80. We wouldn’t say $80 oil breaks the economy anymore, so I think tariffs – we have to adjust to it, but it’s not the thing that takes us to 4000 S&P anymore.”

Follow us on X, Facebook and Telegram

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

Investor Tom Lee believes that Bitcoin (BTC) will reach his ambitious price target over a long arc of time.

In a new CNBC interview, Fundstrat’s CIO says Bitcoin looks poised to hit new all-time highs this year, driven by an expanding global money supply.

According to Lee, he expects Bitcoin to surge by at least 41% from current levels before the year expires.

“Bitcoin is responding to global liquidity, which is moving up. And I think it’s anticipating a dovish Fed next year, so that’s a tailwind for Bitcoin. 

Bitwise has a great stat: 95% of all Bitcoin has been mined, but 95% of the world doesn’t own Bitcoin. So I just think that there’s still a huge demand versus supply imbalance, meaning there’s a lot more potential buyers of Bitcoin over the next 10 years. So I think there’s a lot of upside to year-end… Yeah, [I got a target] of $150,000, maybe $200,000 or even $250,000 this year.”

But over an extended period of time, Lee sees Bitcoin catching up to or even surpassing the market cap of gold, ultimately leading to a massive price tag for BTC.

“I think at a minimum, it should have the same network value as gold, and if you look at above-ground gold, it’s probably $23 trillion, so that would $1.2 million for Bitcoin. But I think Bitcoin is more valuable than gold. Bitcoin could be $2 million, $3 million long term, even higher.”

At time of writing, Bitcoin is trading for $105,900.

Follow us on X, Facebook and Telegram

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

The chief investment officer of investment firm Fundstrat says that President Donald Trump’s trade war is nearing its end as courts rule against the White House.

In a new video update on the Fundstrat Capital YouTube channel, Tom Lee says that court rulings against Trump’s tariffs suggest that the White House is losing leverage.

“In our view, the tariff war and concerns have a bark worse than the bite. Let me explain, for instance… on May 28th, the international trade court ruled against the Trump tariffs. Now it didn’t remove all of them, but it ruled against them and on Thursday, May 29th, the DC District Court Judge Contreras ruled that [the] tariffs are illegal.

So it’s two cases ruling against White House tariffs, but on the same day, the Federal Court of Appeals issued an administrative stay which reinstates the tariffs – at least through June 9th – but you can see this is getting quite complicated and the White House is insisting nothing has changed after the tariff rulings.

And in fact, Goldman Sachs highlights that there’s many measures the White House can take to implement or re-implement tariffs. But ultimately, the White House is losing leverage, and it’s taking us closer to the endgame.”

Lee also says that due to the rulings, Trump will struggle to revamp the trade war, and that the White House will be looking for an exit strategy on the matter soon.

Lee goes on to note that tariff visibility and other factors have led to a better investment outlook for stocks now compared to earlier this year.

“The investment outlook is better for stocks now arguably than it was in February 2025 because you’ve got tariff visibility, you have tax and deregulation visibility, [and] the companies survived [a] fifth major stress test… and the Fed is arguably more dovish next year.”

Follow us on X, Facebook and Telegram

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

Fundstrat’s head of research Tom Lee believes that US equities are in a much better position now compared to the period before Trump ignited a trade war.

In a new interview on CNBC Television, Lee says heightened optimism for 2026 and US companies thriving during hard times are signs suggesting the stock market looks more favorable than it did before Donald Trump sparked a trade war with numerous nations.

“When we go back to February when the market was at all-time highs, we have to keep in mind, we had a lot of uncertainties ahead of us and we weren’t necessarily looking at 2026.

The tariff visibility is much better today than it was three months ago, and when we look at 2026, I think there are things to look forward to, such as deregulation, tax cuts, and a [Federal Reserve] that’s on hold now but probably doing more cuts in 2026.

From a company perspective, companies survived, I think, a black swan event. That waterfall of decline in equities and the near heart attack of the economy was an environment where companies produced earnings that beat expectations. I mean, this is the fifth stress test for businesses [and] when I put all that together, I think PE (price-to-earnings ratio) is probably going to be higher in six months than lower, and when you think about 2026 earnings having upside, I think there’s upside for stocks.”

Lee goes on to say that investor sentiment shifting to neutral or positive could help stocks during the second half of the year. He also notes that institutional players are underexposed on the stock market.

“We know a lot of institutions didn’t add risk back as the market rallied.

So I think the pullbacks are going to be pretty shallow because investors just are underinvested at the moment. And then when you look at sentiment, it’s barely turning neutral now, so if investors have been fighting this rally, as they become more optimistic or neutral, that’s upside for stocks.”

Follow us on X, Facebook and Telegram

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney