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Tom Lee: Once the interest rate reflects the Fed's dovish stance, the market will have a strong finish in 2025.
On August 20, Tom Lee, the newly appointed chairman of the board at BitMine, released the latest market outlook report stating, "As we enter the last third of 2025, the most prominent change is the Fed's shift toward a dovish stance, with the ISM index expected to rebound above 50, laying a solid foundation for a strong market close in 2025. So far this year, the S&P 500 index has risen 9%, which is an impressive performance in any year. Looking ahead to the last few months of 2025, the market is expected to continue to maintain strong momentum overall." "2025 can actually be divided into three phases: the first phase is tariff concerns, from January to April; the second phase is a V-shaped rebound, from April to now; the third phase is a dovish Fed combined with ISM recovery. Tom Lee believes the S&P 500 index will reach 6800-7000 points by the end of the year. However, this is not a straight line; once interest rates reflect the Fed's dovish stance, it will be favorable for the economy and the stock market."