Fundstrat’s Tom Lee said the U.S. is entering “an 18-to-24-month period that might be one of the best we’ve ever seen” as retail investors begin chasing the stock rally.

Retail Finally Chasing The Rally

Lee told Bloomberg TV on Wednesday that retail investors initially sat out the war rally due to “policy puzzlement” and fears about gasoline prices causing a recession. 

Surveys showed many investors didn’t know how big the Iran war could become.

“I was quite surprised because I would have assumed if someone asked me in 2026, a war is going to start, what will retail do? I would assume that they’d buy the dip,” Lee said.

He now believes retail investors are beginning to…

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