Global Labor Shortage Will Send Tech Stocks Soaring to 50% of S&P 500
- A global labor shortage of about 80 million workers will make tech stocks go parabolic, according to Fundstrat’s Tom Lee.
- Lee argued that the technology sector will eventually make up 50% of the S&P 500.
- “I think AI is really addressing a global labor shortage of roughly 80 million workers by the end of 2030,” Lee said.