Tom Lee – S&P 500 at 7,700

Tom Lee maintaining a bullish target of 7,700 for the S&P 500, even amid geopolitical tensions, is something I find thought-provoking.

What stands out to me is the idea that markets can rise despite—or even because of—uncertainty. Historically, periods of conflict have sometimes aligned with buying opportunities, not because of the events themselves, but because of how markets price fear.

From my perspective, this reinforces a key principle: markets are forward-looking. They react to expectations, not just current conditions.

Personally, I don’t take such projections at face value, but I do consider the underlying reasoning. Because understanding why someone is bullish often matters more than the target itself.

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