• Lee said a yield below 5% would be “really positive for risk-on” and argued that tech stocks and crypto are already anticipating easier financial conditions.

• The Bitmine chairman reiterated his forecast for the S&P 500 to reach roughly 8,200 to 8,400 by year-end while acknowledging the possibility of a mid-October-to-midterm correction.

• He added that Bitcoin’s four-year cycle bottom is occurring now and expects Bitcoin to finish the year above $100,000.

Fundstrat’s Tom Lee on Monday said he expects U.S. bond yields to “normalize” over the next six months as inflation pressures ease, adding that strength in technology stocks and crypto is already signaling easier financial conditions ahead.

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