Tom Lee: It is expected that the 500 index will return to a new height of 790-8000 points by August
Tom Lee, founder of Fundstrat Global Advisors, predicts that the Standard 500 index will return to between 7,900 and 8,000 points by the end of August, with a new record. In the report released on Friday, Lee listed several major reasons for the rapid rebound in the market. He noted that the Federal Reserve had no interest-rate meetings this month and that the weak reporting of non-farm employment in July was less than expected, and inflation had cooled, factors that could change the market ' s expectations of a near-term interest rate hike and act as a catalyst for index increases. In addition, Lee believes that a strong second-quarter financial season, an improved profitability outlook for 2027, and his judgement of the impending end of the AI-related deleveraging process, will also provide additional support for the 500 index。
