Tom Lee makes his first appearance of the new year: A broad rally at the start of the year is a good sign, but a bear market may emerge mid-year.

BlockBeats News, January 8, Tom Lee stated in an interview with CNBC that a broad-based rally at the beginning of 2026 (across stocks, precious metals, cryptocurrencies, etc.) has always been a good sign for both individual and institutional investors. This year will be one of "joy, depression, and rally," similar to the pattern expected in 2025. "There will be a moment this year when it feels like we are entering a bear market," but there will be a strong rebound afterwards, and ultimately the stock market will end on a bullish note. He predicts that the S&P 500 index could reach 7,700 points by the end of 2026.

He believes that when the market tests the new Federal Reserve Chair, there may be a 15% to 20% correction. This is especially likely in the second half of the year, but it will not mark the end of the cycle; instead, it will be a buying opportunity.