2021 Stock Market
- Thread starter SoapyCy
- Start date
For context, number of record closes of S&P 500 per year:
2012: 14
2013: 69
2014: 53
2015: 10
2016: 18
2017: 62
2018: 19
2019: 35
2020: 33
2021: 69
2012: 14
2013: 69
2014: 53
2015: 10
2016: 18
2017: 62
2018: 19
2019: 35
2020: 33
2021: 69
Tom Lee's take on the upcoming year. I believe he also sees the S&P up 300%+ by 2029.....but don't quote me on that.
Edit: Here's a link to the 2029 comment
markets.businessinsider.com
Edit: Here's a link to the 2029 comment
'The biggest reason to stay bullish is because of millennials': Fundstrat's Tom Lee sees the S&P 500 soaring 313% by 2029
Tom Lee follows demographics because they tend to serve as a leading indicator in identifying potential tops and bottoms in the stock market.
Inflation or a debt crisis will end the party eventually.
History shows again and again that asset prices cannot outrun the actual productive capacity of an economy and the income of its workers and households in perpetuity.
Good thing I'm able to distinguish fact from opinion.
I like some of the things they are planning on doing this year. Especially expanding outside the US.
