Full record

Missmarkets

The S&P 500 will embark on a sustained rally following the Fed's end of quantitative tightening (QT), mirroring the 2019 post-QT rally.

A scored prediction by Tom Lee, made on .

VideoQuote from the original sourcemarketseconomy

Scored prediction

Missmarkets

I think the same effect's going to happen, which is positive. And that's doubish for stocks.

The S&P 500 will embark on a sustained rally following the Fed's end of quantitative tightening (QT), mirroring the 2019 post-QT rally.

Made on
2025-12-03
Outcome
Miss
Importance
3 / 5
Effect on score
+0.46

What counted as right

Status
resolved
Settled on
2026-03-03

Within ~3 months of the Fed ending QT (early Dec 2025), the S&P 500 posts a clear sustained rally comparable to the 2019 analogue — a double-digit percentage advance over roughly 16 trading days counts as a hit; a flat or declining market counts as a miss.

Criterion requires, within ~3 months of the Fed ending QT (early Dec 2025), a clear sustained rally comparable to the 2019 analogue — a double-digit advance over roughly 16 trading days = hit; flat or declining = miss. Outcome facts: the largest advance from the QT-end baseline was ~2% (to the late-Dec intraday high of ~6,952.84), January gained ~1.5%, February closed lower, and the deadline close (6,816.63 on 2026-03-03) sat below the Dec 3 baseline (6,849.72). No ~16-day double-digit rally occurred anywhere in the window; the market was flat-to-declining — squarely the criterion's 'miss' condition. Fully resolvable; no outcome value assigned per stage separation.

Sources

  • Tom Lee: 6 Reasons December Could Rally + Cyber Monday Sale Update

    YouTube ·

    Source

Evidence of what happened

  • Fed ended QT on Dec 1, 2025. S&P 500 closing levels around the prediction date (FRED SP500 series): Dec 1 = 6,812.63; Dec 2 = 6,829.37; Dec 3 (made_on) = 6,849.72. This is the rally baseline.

    Evidence

  • The post-QT advance topped out at an intraday all-time high of ~6,952.84 in late December 2025 (index closed 2025 at 6,896.24). From the ~6,800-6,850 early-December baseline that is a maximum advance of only ~2%, far short of the criterion's double-digit (~10%+) move over ~16 trading days.

    Evidence

  • January 2026 finished up only ~1.5%; February 2026 closed in the red for both the S&P 500 and Nasdaq as mega-cap valuations came under pressure.

    Evidence

  • On the deadline date, the S&P 500 closed at 6,816.63 on March 3, 2026 (down 0.94% that day) — below the Dec 3, 2025 baseline of 6,849.72, confirming a roughly flat-to-declining market over the full ~3-month window with no sustained double-digit rally.

    Evidence

Corrections

No public corrections.

Effect on the score

+0.46
How sure they sounded
65%
Outcome
Miss
Importance
3 / 5

This page shows the scored prediction as published; the site doesn't recompute or adjust the score.

Where this came from

The S&P 500 will embark on a sustained rally following the…
Methodology version
v1.0.0
Last computed
August 5, 2026
Made on
2025-12-03

How this profile was built

  1. Scored by independent judges

  2. Predictions gathered and sourced

  3. Independently verified against sources

Every public score traces back to sourced prediction records.

Avow is an independent project. The pundits scored here are not affiliated with Avow and do not endorse it. Names and likenesses are used for identification and commentary.

Evidence firstMethodologyPrivacy