Tom Lee: The war has a positive net effect on the US economy; the market has already begun pricing in a favorable outcome.

According to Mars Finance, on April 15th, Tom Lee, Chairman of Ethereum-based financial company BitMine, stated in an interview with CNBC, "The stock market remains resilient because even in the face of war, the economy is actually performing better than expected." He pointed out that defense spending is currently around $30 billion per month and could rise to $60 billion per month in the future, significantly stimulating the economy; meanwhile, a $20 increase in oil prices only adds about $12 billion to households per month. "Overall, the war is actually helping businesses profit." Tom Lee cited historical precedent, stating, "Looking back at World War II, the stock market bottomed out in May 1942, only five months before the US entered the war, and at that time, no US troops had even set foot on the European or Pacific battlefields." He believes, "The market is very good at priced in the outcome in advance. The current stock market rise means that the market is pricing in a favorable outcome. Although I can't pinpoint the exact reasons, this is the signal the market is conveying." Regarding the three major market variables—the Iran war, corporate earnings reports, and interest rates—Tom Lee... He stated, "Of the three, only war can create tail events in two directions, making it the variable most worthy of close attention." Regarding sector allocation, he remains bullish on the energy sector, noting that energy security is one of the most important structural themes in recent years.