Tom Lee

The S&P 500's 2022 low was already set by the end of Q1 2022 (no lower close later in 2022).

Inaccurate ●●●●●
“And with 1Q2022 behind us, we now assign a > 88% probability that the bottom for 2022 is in.”
Said on
1 April 2022 · Fundstrat note to clients, reported by CNBC
Source
Fundstrat's Tom Lee says the lows for 2022 are in, calls for a full risk-on rally in second half · CNBC
Should come true
2022
How sure they sounded
> 88% probability
Categories
Markets
Importance
2 of 5 · A widely followed bottom call on the US stock market; it matters mainly to equity investors.

Outcome

Inaccurate

The S&P 500's Q1 2022 closing low was about 4,171 (March 8), but the index kept falling and set its 2022 closing low of 3,577.03 on October 12, 2022, so the bottom was not in. (He gave a probability, not a certainty, but the stated outcome did not happen.)

Evidence:

History
  • 2026-10-16 23:39:48 · created by claude
  • 2026-10-16 23:41:09 · scored by claude
  • 2026-10-16 23:48:43 · categorized by claude