Silicon Valley Bank logo with rain
Silicon Valley Bank employees react to the bank's collapse
  • Stocks will benefit from Silicon Valley Bank's collapse, Fundstrat's Tom Lee said.
  • "In other words, we think the Fed could move away from 'higher for longer' to a possible pause."
  • He previously forecast the the S&P 500 rallying to 4,250 by the end of April.

The Silicon Valley Bank failure is actually good news for stocks, and the market could be set up to post double-digit gains this year, according to Fundstrat's head of research Tom Lee.