Investor sentiment has been on the rise for much of 2012, but Blackstone’s Byron Wien says it may not necessarily be the contrarian indicator it usually is. In a piece for Gulf News, Wien discusses various improvements in the U.S. economy. He also says things have improved in Europe, with policymakers now “emulating the US [...]
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Tag Archives: Byron Wien
Wien Sees Oil Prices Falling, S&P Rising in 2012
January 27, 2012
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Blackstone’s Byron Wien has released his annual list of “surprises” for the coming year, and among the predictions are a decline in oil prices to the $85 range, the housing market hitting bottom, and the S&P 500 hitting 1,400. He tells Yahoo! Finance’s Daily Ticker that the oil prediction is based on a few factors, [...]
Read moreWien On Valuations, Growth, and Gold
December 1, 2011
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Byron Wien says he expects the U.S. to show slow growth next year, and says stock valuations are “very attractive”. But whether those valuations are enough to overcome global debt woes is the big question, he says. “The valuation is very attractive,” Wien recently told CNBC. “But Europe has to get its sovereign debt crisis over, and [...]
Read moreWien Still Optimistic
September 2, 2011
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Byron Wien says he thinks the stock market will be higher at year-end, and thinks the economy will improve — though not as much as he previously thought. Wien, the vice chairman of Blackstone Advisory Partners, tells CNBC that he thinks Europe will weather its debt crisis. He also says he doesn’t think a third round [...]
Read moreBiggs, Fisher, Birinyi Still Bullish
March 11, 2011
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Several top strategists are saying that investors should stick with stocks as the bull market enters its third year. Among them: hedge fund guru Barton Biggs. “I don’t think valuations are stretched,” Biggs told Canada’s Financial Post. “The next move in the S&P 500 is more likely to be up than down, and that move [...]
Read moreWien Still Bullish on China
November 30, 2010
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While potential interest rate hikes in China have concerned investors, Byron Wien says he remains bullish on the country. Wien, the vice chairman of Blackstone Advisory Services, tells Yahoo! TechTicker that China has been successful in confronting every economic problem it has faced, and that its authoritarian government actually makes addressing economic problems easier than [...]
Read moreWien’s Surprises for 2010
February 9, 2010
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Byron Wien of Blackstone discusses the market, economy, and some of his “Top 10 Surprises” for 2010 on CNBC. Among the topics Wien covers in the interview: unemployment, which he says will be down into the 8% range by the end of the year; inflation, which he doesn’t expect will have an impact this year; [...]
Read moreWien, Biggs, Leuthold, Sonders: Don’t Dismiss the Rally
October 2, 2009
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While the stock market rebound has been met with great skepticism, several top strategists — including some not known for their bullishness — are beginning to think that the rally is indeed for real, reports Financial Advisor Magazine’s Evan Simonoff. “Normally sober, often vinegary sages ranging from Byron Wien to Barton Biggs to Steve Leuthold [...]
Read moreLynch: Stocks Still Best Choice for Long Term
March 10, 2009
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In a recent interview with The New York Times, former Fidelity star manager Peter Lynch says that the recent market plunge and financial crisis hasn’t shaken his belief that stocks are the best long-term choice for investors. “I can’t tell you anything about where the market will be in the next six months or 12 [...]
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