Tom Lee forecasts S&P 500 at 8,400 by year-end on midterm catalyst
A credible call for S&P 8,400 by year-end and a clearing midterm could lift IVV, with magnified upside from sector leadership and earnings momentum.
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A credible call for S&P 8,400 by year-end and a clearing midterm could lift IVV, with magnified upside from sector leadership and earnings momentum.
What happened, with direct paths to the underlying reporting
Fundstrat’s Tom Lee predicts the S&P 500 could reach 8,400 by year-end, citing accelerating earnings and a midterm clearing event. A softer inflation path and easier financial conditions could lift risk assets, meaning IVV would likely trend higher in the near to intermediate term.
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