Tom Lee predicts: The Federal Reserve will shift to dovish in 2026, benefiting traditional industries and fintech

Tom Lee, co-founder of Fundstrat and chairman of BitMine, recently stated in an interview with CNBC that the Federal Reserve may adopt a more dovish monetary policy in 2026, which is expected to boost business confidence and drive the ISM Purchasing Managers' Index back above 50, benefiting traditional industries such as industrials, energy, and basic materials. Lee believes that the financial services industry will reduce employee density and improve profit margins due to AI and blockchain applications, predicting that leading banks like JPMorgan and Goldman Sachs may behave more like tech stocks, with the potential to become the next batch of "tech giants." Although the market may experience significant volatility in 2026, Lee pointed out that historical data shows that after three consecutive years of over 20% gains, there is a 50% chance of better performance in the fourth year. He warned that the main risk lies in excessive complacency, but the current cautious attitude of investors may help mitigate this issue.