By Mathew Fox ::
* Fundstrat's Tom Lee expects the S&P 500 to top 15,000 by 2030.
* Demographic trends, millennial spending habits, and technology advancements will be key drivers.
* Here are the four charts that show why Lee is so bullish on the stock market.
Fundstrat's Tom Lee raised eyebrows last month when he made an extremely bullish prediction: the S&P 500 will nearly triple by 2030.
In an interview with Bloomberg's Odd Lots, Lee said he expects the S&P 500 to top 15,000 by the end of the decade. The index traded around 5,635 as of mid-September.
"If this is a normal S&P cycle following demographics…S&P should be potentially 15,000 by the end of the decade. To me, as you move into a longer timeframe that's probably where I think we're moving towards," Lee said.
In the interview, Lee said he was looking at a handful of charts that back up his bullish long-term prediction.
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read the full gist on businessinsider.