Tom Lee Says Mag-7 Bear Market Is Over, But Trouble Is Brewing For Rest Of Wall Street: 'Day Of Reckoning'

Benzinga05-25 18:07

While Lee expects the broader market to show resilience into year-end, driven by “unrelenting demand” for artificial intelligence (AI), he believes the gains will not be evenly distributed. Clarifying...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2638598645?lang=en_US&edition=fundamental","thumbnail":"https://cdn.benzinga.com/cdn-cgi/image/width=260,dpr=2,format=auto,quality=85/files/images/story/2026/05/25/Apple-Ceo-Tim-Cook-Smiles-And-Claps-Duri.jpeg","is_english":true,"pubTime":"2026-05-25 18:07","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2638598645","market":"us","top_or_hot":-1,"title":"Tom Lee Says Mag-7 Bear Market Is Over, But Trouble Is Brewing For Rest Of Wall Street: 'Day Of Reckoning'","media":"Benzinga","content":"<div>\n<p>While Lee expects the broader market to show resilience into year-end, driven by “unrelenting demand” for artificial intelligence (AI), he believes the gains will not be evenly distributed.\nClarifying...</p>\n\n<a href=\"https://www.benzinga.com/markets/market-summary/26/05/52765748/tom-lee-says-mag-7-bear-market-is-over-but-trouble-is-brewing-for-rest-of-wall-street-day-of-reckoning\">Source Link</a>\n\n</div>\n","source":"benzinga_hot_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tom Lee Says Mag-7 Bear Market Is Over, But Trouble Is Brewing For Rest Of Wall Street: 'Day Of Reckoning'</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTom Lee Says Mag-7 Bear Market Is Over, But Trouble Is Brewing For Rest Of Wall Street: 'Day Of Reckoning'\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-05-25 18:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/markets/market-summary/26/05/52765748/tom-lee-says-mag-7-bear-market-is-over-but-trouble-is-brewing-for-rest-of-wall-street-day-of-reckoning><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>While Lee expects the broader market to show resilience into year-end, driven by “unrelenting demand” for artificial intelligence (AI), he believes the gains will not be evenly distributed.\nClarifying...</p>\n\n<a href=\"https://www.benzinga.com/markets/market-summary/26/05/52765748/tom-lee-says-mag-7-bear-market-is-over-but-trouble-is-brewing-for-rest-of-wall-street-day-of-reckoning\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AI","symbol_name":"C3.ai, Inc.","start_time":0,"source_url":"https://www.benzinga.com/markets/market-summary/26/05/52765748/tom-lee-says-mag-7-bear-market-is-over-but-trouble-is-brewing-for-rest-of-wall-street-day-of-reckoning","article_id":"2638598645","we_media_id":null,"thumbnails":["https://cdn.benzinga.com/cdn-cgi/image/width=260,dpr=2,format=auto,quality=85/files/images/story/2026/05/25/Apple-Ceo-Tim-Cook-Smiles-And-Claps-Duri.jpeg"],"rights":{"source":"benzinga_hot_news","url":"https://www.benzinga.com/markets/market-summary/26/05/52765748/tom-lee-says-mag-7-bear-market-is-over-but-trouble-is-brewing-for-rest-of-wall-street-day-of-reckoning","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2638598645","pubTimestamp":1779703620,"columns":[],"sourceInfo":{"source_id":"benzinga_hot_news","name":"Benzinga"},"weMediaInfo":null,"summary":"Fundstrat's Tom Lee says the Mag-7 bear market is over, but warns a \"day of reckoning\" is coming for the rest of Wall Street.","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"AI":"C3.ai, Inc.","CHAT":"ROUNDHILL GENERATIVE AI & TECHNOLOGY ETF","AIYY":"YIELDMAX AI OPTION INCOME STRATEGY ETF","BK4543":"AI","AGIX":"通用人工智能 ETF-AGIX","ARTY":"ISHARES FUTURE AI & TECH ETF","BK4551":"寇图资本持仓","BK4587":"ChatGPT概念","AIPO":"Defiance AI and Power Infrastructure ETF","BK4588":"碎股","BK4528":"SaaS概念","BK4585":"ETF&股票定投概念","BK4023":"应用软件"},"translate_title":"汤姆·李表示Mag-7熊市已经结束，但华尔街其他地区的麻烦正在酝酿：“清算日”","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ARTY":0.63,"AI":0.63,"CHAT":0.63,"AIYY":0.6,"AGIX":0.63,"AIPO":0.63},"content_text":"While Lee expects the broader market to show resilience into year-end, driven by “unrelenting demand” for artificial intelligence (AI), he believes the gains will not be evenly distributed.\nClarifying his outlook on prominent tech equities on CNBC, Lee stated, “I think we’ve already had a bear market in Mag-7 and software.”\nWhile those high-flying sectors are expected to remain safe, the same cannot be said for the broader market. “I think there’s going to be a bear market in other stocks later this year,” Lee warned, pointing to headwinds that will squeeze companies that “got lofty.”\nAccording to Lee, the market is poised to confront three primary hurdles as the year progresses: typical midterm seasonal volatility, a looming supply overhang from upcoming tech IPO lockup expirations, and a critical energy crunch.\nIt is the severe energy bottleneck that Lee flags as the most immediate danger for the broader economy.\n“There is a day of reckoning coming because the inventory of petroleum products is short and not being alleviated anytime soon,” Lee cautioned. Consequently, companies sensitive to these energy shortages are expected to bear the brunt of the downturn.\nDespite the warning, Lee remains heavily bullish on the underlying drivers of the U.S. economy—specifically energy independence and AI productivity. For now, investors are staying focused on near-term earnings.\n“In the meantime, I think investors are focusing on AI fundamentals,” Lee noted, adding that the “stocks that are working are the ones that are selling something that’s scarce.”\nWhile semiconductors could eventually approach bubble territory, Lee advises that the current momentum belongs to AI suppliers and Big Tech, while the rest of Wall Street faces an impending winter.\nThe S&P 500 index has advanced 8.97% year-to-date. Similarly, the Nasdaq Composite index was up 13.38%, and the Dow Jones gained 4.54% YTD.\nMeanwhile, Dow tracker, State Street SPDR Dow Jones Industrial Average ETF Trust (NYSE:DIA), rose 0.60% on Friday.\nDisclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.\nImage via Shutterstock\nTo add Benzinga News as your preferred source on Google, click here.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.2","shortVersion":"4.42.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2638598645","isCrawlerRequest":true}