Tom Lee sees S&P 500 topping 7,000 by year-end, says don't be fooled by shutdown calamity talk
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Tom Lee predicts the S&P 500 will reach 7,000, although the timing is unclear, with one report suggesting it could happen by year-end and another by mid-2025. The prediction is reportedly contingent on certain conditions being met. Meanwhile, another strategist, Yardeni, is warning of a potential pullback due to an overabundance of bullish sentiment.
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