Many were drawn to locations with well-established financial systems, investor visa programmes, and strong legal protection for personal and business assets. Others were motivated by lifestyle factors — such as climate, safety, healthcare, and access to global markets — leading them to settle in regions that combine both economic opportunity and personal comfort. Take a look at the top 10 countries that the most millionaires embraced with open arms. (Image: Shutterstock)
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CNBC TV1812-12-2025, 14:00

Tom Lee projects S&P 500 to reach 7,700 by 2026, extending bull run.

  • Tom Lee of Fundstrat forecasts the S&P 500 to reach 7,700 in 2026, extending the bull market to a fourth year.
  • This prediction implies an 11.8% gain for the S&P 500 from Wednesday's close.
  • Lee attributes the market's resilience to a "Wall of Worry" and notes the S&P 500 is up 17% in 2025, exceeding his prior forecast.
  • For 2026, Lee favors tech (AI, crypto), materials, energy, and financials, despite some lagging sectors in 2025.
  • A potential new Federal Reserve chair replacing Jerome Powell in May is seen by Lee as a positive catalyst for stocks due to expected dovish policies.

Why It Matters: This predicts continued strong stock market growth into 2026.

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