In this video, Tom Lee, head of research at Fund Strat Global Advisers and CNBC contributor, discusses the market implications of Trump’s election win. Lee explains that the market rally following the election reflects optimism due to policy changes and animal spirits. He predicts that sectors like Bitcoin, small caps, regional banks, and financials will benefit from a Trump presidency. Lee also discusses the potential for small caps to outperform the S&P in the coming years. He touches on macro issues such as bond market movements and the impact on gold. Lee is optimistic about Bitcoin’s potential as a treasury reserve asset and predicts its price could reach six figures by the end of the year. He also shares his outlook for the S&P, expecting a 5-10% rally by year-end and potentially reaching 6700 next year. Lee believes that with earnings visibility and a dovish Fed, the market has room for further growth.
