Tom Lee: The market has already absorbed over 90% of the selling pressure, and stocks typically bottom out within the first 10% of the war progression.

MeNews · 2026-04-06T08:39:10+00:00

Tom Lee said in an interview with CNBC that the market has absorbed most of the selling pressure and may be entering a bottoming phase. He believes that stock markets typically bottom out early in a war, and the current bad news could trigger risk-off behavior, but the market could also experience a V-shaped rebound. He is confident that the U.S. economy can withstand oil prices of up to $120.

MeNews

2026-04-06 08:39:10

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ME News update, April 1 (UTC+8). Tom Lee said in an interview with CNBC: “I think the market has already priced in 90% to 95% of the selling pressure, and the process of selling may already be over. Now we can start rebuilding a base. I think we have to recognize that in a war environment, the stock market often hits bottom early. We studied every war since 1900, and in every case, the stock market bottomed out within the first 10% of the war’s progress. So if this time also follows that pattern, then we are currently in the early stage of this process. At this stage, any bit of bad news will trigger de-risking. But you know, that’s also why positioning is worth paying attention to, because at some point, once people become overly neutral, even if things are not quite as bad, the market could see a round of a V-shaped rebound.” Tom Lee added on social media that even if the “bottom” has not been reached yet, he believes the U.S. economy can withstand $100, even $120, oil. (Source: ChainCatcher)

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