Market Extra: Why the Wall Street bull who called 2023 rally now sees stocks hitting records in 2nd half

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Few Wall Street strategists were looking for a robust rally to kick off 2023 after 2022 went into the books as an exceptionally brutal year.

And then there was Tom Lee, an enduring equity bull and the head of research at Fundstrat Global Advisors, who set a 2023 year-end price target of 4,750 for the S&P 500 SPX back in December, among the most bullish forecasts for the benchmark.

Now,…