Market Surge Predicted To Reach 10% By Year-End As Trump Victory Fuels Stock Rally, Says Fundstrat's Tom Lee

Wall Street strategist Tom Lee forecasts a significant market rally through year-end, citing renewed investor confidence following President-elect Donald Trump‘s victory and strong market performance.

What Happened: Lee, head of research at Fundstrat, told CNBC’s Halftime Report that markets could surge between 5% and 10% by year-end, following what he called “the best move in the history of any post-election rally.”

“This historic rally needs to be respected,” Lee said, noting unprecedented pre-election derisking and potential “animal spirits” being unleashed by expectations of deregulation and a more business-friendly environment.

Despite positive indicators, Lee acknowledged potential headwinds in the coming months, suggesting market dynamics could shift ...

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