Just Cause It’s Expensive Doesn’t Mean You Shouldn’t Buy It

"Price is what you pay. Value is what you get." — Warren Buffett

Chart of the Day Good morning! Fundstrat Head of Research Tom Lee published his 2026 market outlook yesterday, estimating that the S&P 500 could rise to 7,700 points. That would represent a gain of about 12% from Thursday's close.  I’d like to bring to your attention my favorite chart from his deck yesterday, which he has discussed in his Macro Minute videos before, but in my opinion isn’t getting enoug...

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