In a recent CNBC interview on May 14, Tom Lee, the co-founder and Head of Research at Fundstrat, expressed positive views about the future of the stock market. Lee believes that it's a good time to be optimistic about stocks, despite recent highs in the market.

According to Lee, there has been a period of consolidation in the stock market, with prices bouncing back from previous lows. The first quarter of 2024 showed increases in many US stocks, with some reaching highs not seen in months.

Lee suggests that reducing inflation and cutting interest rates could encourage more investment in the market. Although the Federal Reserve has yet to change rates, many investors anticipate the first cut to happen in September.

Lee predicts that once there's clear data supporting this, a significant amount of cash currently on the sidelines – about $6 trillion – will flow into the market, potentially leading to a breakout in stock prices.

Recent market activity has been positive, with gains over the past 24 hours erasing previous losses from corrections. Stocks like Coinbase and Meta have seen increases, with MicroStrategy also experiencing significant upticks.

Some investors are attributing the rise in stocks to increased interest in crypto assets, as there have been past correlations between the two markets.

In conclusion, Tom Lee's optimism about the stock market's future reflects a sentiment of growth and potential for increased investment, especially if inflation cools down and interest rates are cut.