Tom Lee: US stocks are expected to hit new highs, but a bear market may emerge later this year.

In a recent CNBC interview, Tom Lee stated that US stocks still have upward momentum in the short term, and he expects the S&P 500 to continue rising in the coming weeks. However, he believes the US stock market will enter a bear market this year, although it will first climb to new record highs before that. He argues that software stocks, the "Big Seven" (referring to the seven major tech giants), and crypto assets have already undergone corrections, and speculative bubbles have been somewhat deflated. Furthermore, Lee points out that rising oil prices are actually beneficial to the US economy and capital repatriation, as the US, as an energy exporter, will benefit from relative growth.