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Tom Lee: The Next 18-24 Months Could Be 'One of the Best Times of Our Lives', Retail Investors Will Drive Growth
On April 21, Tom Lee stated in an interview with CNBC that retail investors will be the main fuel for the next wave of stock market growth. He believes that many retail investors missed the rebound during the previous war-related sell-off, and now, as panic subsides, they will re-enter the market, providing significant buying power to push the stock market further up. Therefore, with the return of retail funds and the ongoing trend of corporate earnings growth, investors may experience ‘one of the best times of our lives’ in the next 18-24 months. However, Tom Lee also emphasized short-term risks, stating that the market may first test the new Federal Reserve Chair before a rally can occur.