Tom Lee’s Year-End Playbook for Crypto and U.S. Stocks — Signals He’s Watching
Tom Lee says U.S. stocks can finish 2025 higher and crypto should rally into year-end after a sharp deleveraging, laying out his case during an interview Friday on CNBC’s “Closing Bell: Overtime.”
Pressed by co-host Jon Fortt on whether the risk-on trade is back, Lee, who is the chairman of Bitmine Immersion Technologies (BMNR), as well as the head of research at Fundstrat Global Advisors and chief investment officer at Fundstrat Capital, noted he stayed bullish through the spring slump, reminding viewers Fundstrat’s year-end S&P 500 target was 6,600 at the April lows.
With the index around 6,800 and roughly 10 weeks left, he said a “typical year” would add about 4%, which “puts us over 7,000 into the end of the year,”…
