Byron Wien 2015
#Finance #Byron Wien_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 Wien 2013
#Finance #Byron Wien1. Iran announces it has adequate enriched uranium to produce a nuclear-armed missile and the International Atomic Energy Agency confirms the claim. Sanctions, the devaluation of the currency, weak economic conditions and diplomacy did not stop the weapons program.…
Byron Wien 2012
#Finance #Byron Wien1\. The extraction of oil and gas from shale and rock begins to be a game changer. The price of oil drifts back to $85 a barrel and the United States becomes less dependent on Middle East supply. Deposits in Poland, Ukraine and elsewhere prove promising as well.…
Byron Wien 2011
#Finance #Byron WienThe continuation of the Bush tax cuts coupled with the extension of unemployment benefits has put all working Americans in a better mood. Real Gross Domestic Product rises close to 5% in 2011 driven by improved trade and capital spending in addition to stronger retail sales.…
Byron Wien 2010
#Finance #Byron Wien1. The **United States economy** grows at a stronger than expected 5% real rate during the year and the unemployment level drops below 9%. Exports, inventory building and technology spending lead the way. Standard and Poor’s 500 operating earnings come in above $80.…
Bad Bad Banks
#Finance #Economy #Politics_And the financial crisis goes on … And the politicians still think they can avoid the painful solution and try to sustain asset prices. But the prices of many assets are bubble prices and these prices need to fall to market levels.…
Byron Wien 2009
#Finance #Byron Wien1. The **Standard and Poor’s 500** rises to **1,200**. In anticipation of a second-half recovery in the US economy, the market improves from a base of investor despondency and hedge fund and mutual fund withdrawals. The mantra changes from “fortunes have been lost” to “fortunes can still be made”.…