We could see some of the stock market gains in our lifetime after 2026, says Fundstrat's Tom Lee

CNBC Television | June 01, 2026 at 12:31 PM UTC
Bullish 85% Confidence
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Key Points

  • Tom Lee expects a 3-phase market in 2026: rise to 7,700, a decline feeling like a bear market, then a strong rally post-Midterms.
  • He highlights powerful tailwinds for the US economy, including accelerating growth (potentially 4%), AI products as a major export, and capital reallocation from private to public markets.
  • He believes Bitcoin and Ethereum are the future of money, driven by network usage and the need for decentralized identity/verification in evolving AI systems, despite current 'rage quitting' by some investors.

AI Summary

Tom Lee of Fundstrat provides a bullish outlook for the stock market, particularly for the next 2-2.5 years, driven by AI, energy independence, and demographic shifts. He predicts a 3-phase market in 2026, with a near-term rise, a potential pullback, and a strong rally post-Midterms. He also expresses long-term optimism for Bitcoin and Ethereum, despite recent underperformance.

Model Analysis Breakdown

Model Sentiment Confidence
Gemini 2.5 Flash Bullish 85%
Consensus Bullish 85%