Tom Lee: Capital markets often bottom out early in the war, rather than waiting until it ends.

MeNews · 2026-04-09T06:03:34+00:00

Tom Lee pointed out in an interview that despite escalating US-Iran tensions and rising oil prices, the stock market remains resilient, demonstrating market strength. He mentioned that most individual stocks have already undergone significant adjustments, with selling pressure nearing an end, and the worst-case scenario for the overall market may have passed. He is optimistic about cryptocurrencies like Ethereum, as well as technology, industrial, and small- and mid-cap stocks.

MeNews

2026-04-09 06:03:34

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ME News update, April 9 (UTC+8). Tom Lee said in a CNBC interview today that last week’s escalation in the U.S.-Iran conflict and the rise in oil prices did not lead to a corresponding drop in the stock market. This is a positive sign of a “decoupling,” indicating that negative risks have been priced in early and that the market is resilient. Historically, the stock market often bottoms out in the early stages of war, rather than waiting until the war ends. In addition, Tom Lee said that 70% of S&P 500 constituent stocks have already gone through a “rolling bear market.” Most individual stocks or sectors have already absorbed significant adjustments; selling pressure is essentially used up, and positioning has been reset. This suggests that the worst overall market scenario has likely already passed, leaving more room for upside. Tom Lee also reiterated his bullish outlook on cryptocurrencies represented by Ethereum, as well as the Mag 7, tech, industrials, and mid- and small-cap stocks. (Source: BlockBeats)

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