Tom Lee forecasts 2027 will be one of the best years for the US stock market

BMNR BitMine Immersion Technologies Inc

$23.36 +4.99%

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1. 1Tom Lee, chairman of Bitmine Immersion Technologies (BMNR), told CNBC that 2027 will be one of the best years for the US stock market.
2. 2He said that once the SpaceX (SPCX) unlock and the confirmation of a new Fed chair pass, the two main sources of uncertainty will disappear, and easing inflation could also reduce expectations for additional rate hikes.
3. 3Citing last week's forced selling from the liquidation of Situational Awareness as a 'liquidation event,' he also projected the S&P 500 will end the year above 8,000.

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