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Tom Lee: The next 18-24 months could be "one of the best periods in life," with retail investors becoming a driving force for the rally.
Golden Finance reports that on April 21, Tom Lee stated in an interview with CNBC today that retail investors will become the main driving force behind the next wave of stock market gains. He believes that many retail investors missed the rebound during the previous war-related sell-off, and now, as panic emotions ease, they will re-enter the market, providing substantial buying power to push the stock market higher. Therefore, under the trend of returning retail funds and continuous growth in corporate profits, investors may experience “one of the best periods of their 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 it can rally.