Video Clipped From CNBC on Jan 17.
Tom Lee's latest 2024 predictions include a possible 7% drawdown on the S&P 500 in the first half of 2024. However, he also thinks stocks will end the year in a favorable position, and there could be a 20% gain opportunity from the bottom to the top.
He is also predicting that small cap stocks could rise as much as 50% by the end of 2024.
#stockmarket #stockmarketnews
00:00 - Intro
00:38 - 7% Drawdown Possible
01:24 - Fed's 2024 Playbook
02:52 - S&P 500 Targets for 2024
03:56 - Small Cap Stock Predictions
05:17 - Small Cap Companies