Part 7/11:

• AI and Technological Innovation: The rise of artificial intelligence is fueling a tech boom, exemplified by companies like Nvidia and Microsoft, and is likely to sustain earnings growth over the coming years.

The Bull Case: Patterns, Fundamentals, and Structural Shifts

Unlike the typical narrative of an aging bull market destined to fall, Tom Lee emphasizes that no critical warning signs are present. Historically, bull markets that last at least three years tend to extend further, averaging around five years with over 170% gains, which aligns with the current scenario.

Why This Bull Market Could Continue

• Historical Longevity: The current bull, now in its third year, fits the pattern of markets that extend well beyond initial expectations.