Stock Market 90–95% Done With War-Related Sell-Offs, Says Fundstrat’s Tom Lee – Here’s His Forecast

Fundstrat’s Tom Lee thinks historical precedent indicates April could be a strong month for stocks.

In a new interview on CNBC, Lee estimates that 90-95% of the market’s Iran war-related sell-offs are already in the past.

“As March unfolded, the war looked like not to be a short war, but one that was longer, and I think markets have been adjusting to that. But we’re still in the midst of this fog of war, because we don’t know when it ends, but we did look at the past seven major war events, and the stock market adjusts pretty quickly.

Within the first 10% of the entire duration of a war, the stock market usually bottoms.”

Lee points to World War II as a key historical reference.

So World War II was almost five years, and the market bottomed five months into that war. So I do think, as bad