Fundstrat’s Tom Lee joins CNBC to explain why he still sees upside for stocks and crypto heading into year-end. He discusses the Fed’s rate cuts, gold’s peak, Bitcoin and Ethereum.

AI-generated source summary

The speaker suggests a bullish outlook for risk assets, including Bitcoin, Ethereum, and the S&P 500, anticipating further gains by year-end. They highlight that while some cryptocurrencies experienced liquidation events in October due to leverage and US-China trade tensions, the overall sentiment is shifting positive. The speaker points to the underperformance of gold earlier in the year and its recent peak as a sign of money flowing into riskier assets. They also mention that the technicals for Bitcoin and Ethereum are flipping positive, suggesting potential rallies for both into year-end. The speaker notes that Bitcoin has seen a significant liquidation event that was not reflected in its price, indicating potential stabilization. They also mention a cup and handle pattern in gold, with a target around its current peak, suggesting that gold might be peaking while other risk assets like crypto and equities continue to rise.

AI-generated summary based on the source content.

Evidence and evaluation progress

1. Original source published

   25 Oct 2025, 00:49 UTC

   The analyst published the original source item.

2. First prediction resolved

   26 Oct 2025, 22:00 UTC

   The first evaluable outcome in this case reached a terminal result.

3. Case evaluation completed

   27 Oct 2025, 18:30 UTC

   All evaluable predictions in this case reached terminal outcomes.

4. Source recorded by Tahlil Plus

   18 May 2026, 20:23 UTC

   The public source was preserved as the evidence record for this case.

5. Market predictions extracted

   18 May 2026, 20:48 UTC

   4 eligible signals linked to this case.

6. Outcome tracking started

   02 Jul 2026, 01:22 UTC

   Tahlil Plus began monitoring the extracted predictions.