Posted on 01/08/2015 8:57:55 PM PST by blam
Akin Oyedele
January 5, 2015
Blackstone Group vice chairman Byron Wien just released his list of the ten biggest surprises for 2015.
Among the notable calls: the S&P 500 surges 15%, brent oil falls into the $40s, and junk bonds come back big time.
This is the 30th such list this Wall Street veteran has published.
His predictions for this year are in the press release below:
New York, NY, January 5, 2015. Byron R. Wien, Vice Chairman, Blackstone Advisory Partners, today issued his list of Ten Surprises for 2015. This is the 30th year Byron has given his views on a number of economic, financial market and political surprises for the coming year. Byron defines a “surprise” as an event that the average investor would only assign a one out of three chance of taking place but which Byron believes is “probable,” having a better than 50% likelihood of happening.
(snipa0
(Excerpt) Read more at businessinsider.com ...
O it’s gonna be a big year for the market alright, everyone will be talking about it for sure.
Brazil turning around would be a plus. Japan is screwed and the EU can’t avoid a tumble. They’ll be starting a QE-like move just as the US is pulling away. China’s dilemma is how to develop domestic demand or find new exports, they’ve already got about as much of ours as they’re going to get and it ain’t enough to keep billions of people fat and happy.
I predict some people will make money with stocks and some people will lose money with stocks. Those politically connected will make LOTS of money with stocks.
and those not politically connected will lose their asses with stocks.
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