Foreign media reports that Fundstrat analyst Tom Lee believes 2027 and 2028 could be among the two strongest-performing years for US stocks. He links this judgment to changes in the earnings cycle, policy environment, and market expectations, arguing that the current phase is more like preparation for the next round of growth.
The profit cycle may be strengthening.
Tom Lee's core assessment is that corporate earnings are expected to continue improving over the next two years. If economic growth remains resilient, the market's pricing power for profits will expand, potentially providing stronger support for the stock market.
Market expectations remain conservative.
He believes that investors are not currently pricing in sufficient future growth. If inflation and interest rate conditions continue to ease, risk appetite may rebound, and stock valuations could potentially rise again.
2027-2028 may become a window of opportunity.
Tom Lee believes the real upside window may appear in 2027 and 2028. If earnings, liquidity, and market sentiment improve simultaneously by then, US stocks could see a more significant surge.
