Tom Lee: The stock market usually bottoms out in the early stages of a war

Tom Lee stated in a CNBC interview on April 9 that the intensified US-Iran conflict and rising oil prices have not caused a stock market downturn, indicating strong market resilience and that negative risks have already been priced in. Historical data shows that the stock market usually bottoms out in the early stages of a war, not at the end. In addition, he pointed out that 70% of S&P constituents have already undergone significant corrections, selling pressure has been exhausted, and positions have been reset, suggesting that the worst may be over for the market. He is optimistic about Ethereum, Mag 7, technology, industrials, and small to mid-cap stocks.