Why Blackstone's Byron Wien says record rally here to stay

  • 📰 CNBC
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

United States Headlines News

United States Latest News,United States Headlines

“I think the market is in pretty good shape. I think it still has room to go higher. Right now, I don’t see any severe thunderstorms afflicting the market in 2020,” Blackstone's Byron Wien said earlier today on next year’s economic outlook.

Byron Wien, vice chairman at Private Wealth Solutions Group at Blackstone, joins CNBC's "Squawk on the Street" team to break down what he is focusing on for 2020 and what he says the biggest risks to the markets may be.

Source: Financial Digest (financialdigest.net)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ofcourse. Market storms make sure we are warned before they come. 😂😂

Is the only reason corporations don't pay more taxes because the stockholders want to get richer?

Was this a quote from early 2008? Because I remember quotes exactly like it!

Fed has your back. Fed will be injecting billions more to grow this stock market bubble. Synthetic rise of the stock market thanks to the Fed and propaganda media. When earnings come and theres no support for stock prices. Banks get richer, why not endless supply of tax $$$$

Well eye sight is often one of the first things to go...

Can we see tape of some of these guys market prognosis on 12/24/18?

Hmmmm

The real economy says otherwise..

lol this fucking guy i like to search folks like this and see how they did back when it mattered and, welp...

Yes.....traders are pretty confident about.... 🎅🎅🎅🥂🍾

Make sure you tell your pals at MSNBC THEY DIDNT GET THE MEMO

Lol at the propaganda. You can always tell who's gets rich off profits and who gets rich off losses by their market 'predictions'.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

How K-Pop Stars Are Influencing Men in Korea to Get Plastic SurgeryHere's a look into why more South Korean are getting cosmetic procedures than ever before.
Source: Allure_magazine - 🏆 473. / 51 Read more »

Dow rises nearly 100 points to another record close, Boeing shares lead the gainsStocks climbed higher at the close, hitting new all-time highs, as the year-end rally continues. Shares of Boeing led the gains, jumping 2.7% after the company ousted CEO Dennis Muilenburg amid the 737 Max crisis. Thank you president trump America is winning with President Trump. Economy StockMarket ClosingBell Why did your guest just say that $BA would be paying compensation to $JBLU They do not even operate any Boeing aircraft
Source: CNBC - 🏆 12. / 72 Read more »

Activist hedge fund Marcato Capital to shut down after drop in assetsActivist hedge fund Marcato Capital Management, backed by Blackstone Group and b... “Activist” hedge fund fail 😂👌 Blackstone after all not that great? Conclusion: Another robber baron firing employees window dressing crap selling crap at inflated prices & making out like a bandit!
Source: Reuters - 🏆 2. / 97 Read more »

Cardi B Is Ready to Talk About Why She Stayed With Offset After He Cheated'When you cheat, you’re betraying the person that has your back the most. Why would you do that?' Because she’s from the Bronx 🤷🏽‍♂️
Source: ELLE Magazine (US) - 🏆 472. / 51 Read more »

Influencers, Models, Actors Receive Backlash for Promoting MDL Beast in Saudi ArabiaInfluencers and models like Imman Hammam, Joan Smalls and Alessandra Ambrosio promoted the event on Instagram, and here's why people are mad.
Source: FashionCanada - 🏆 35. / 63 Read more »

How to Stay on Task: Your ADHD Cheat SheetAn ADHD coach explains why it's so hard to stay on task — and how to finally master time management with a daily plan that's neither daunting nor stressful. These small pieces of advice can be very usefull, thanks!
Source: ADDitudeMag - 🏆 311. / 61 Read more »