Wall Street's Byron Wien: The market is setting up for a post-midterm election rally

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

Business Business Headlines News

Business Business Latest News,Business Business Headlines

The two-day stock plunge is a buying opportunity before the market eventually rallies after the November midterms, Wall Street's Byron Wien says.

 

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

Um, I'll wait a bit lol

This is true, that same strategy worked out very nicely on the he last drop. Double digit ROI.

?

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 BUSİNESS

Business Business Latest News, Business Business Headlines

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

Low unemployment on Main Street is a warning sign for Wall StreetLow unemployment on Main Street is a warning sign for Wall Street, says MktwHulbert MktwHulbert Stock Market is what has destroyed every major city in North America. You got fake money representing fake people. You don't need the stock market it doesnt create jobs it creates monopolies and overseas slave labour factories to appease the spoiled consumer.
Source: MarketWatch - 🏆 3. / 97 Read more »

Blackstone's Byron Wien sees the S&P 500 rallying 15% this year to new all-time highsIn a preview of his 34th annual list of year-ahead market surprises, Wien also thinks the Fed won't raise interest rates at all this year. He has $1.5 Trillion reasons for that bold prediction ... Wow, the bulls sure do not give up. I guess that means there is much more room to fall. i wish i cared enough to save this prediction/tweet/interview.🤣
Source: CNBC - 🏆 12. / 72 Read more »

Trump wall vs. Wall Street: Investors aren’t betting on massive border projectThe government shutdown has created a holding pattern that is bad news for companies planning big civil engineering projects. At some point, people should know when they have been taken for a ride...HillaryClinton campaigned on providing assistance to laid off coal workers to re-train them for the future, instead they listened to a conman & now, they’re out of luck..Wow.. altwinning aka old fashion LOSING
Source: NBCNews - 🏆 10. / 86 Read more »

The Danger of Too Much OptimismAnalysts are predicting big long-term earnings growth, but for companies to meet the targets Wall Street sets would be nearly impossible. RT : Heard on the Street: When the long view is too sunny I, DONALD say In 5 billion years IT’ll get MAGA sunny and dark, Believe ME!
Source: WSJ - 🏆 98. / 63 Read more »

Dow jumps 250 points as Wall Street tries to recover from sharp October lossesStocks traded sharply higher on Monday as investors try to regain their footing amid steep losses this month. Sentiment was also lifted by a big acquisition in the tech space. Huge tax cuts for the rich and corporations will not sustain a market where wages are not increased for employees. When republicans cut Social Security, Medicare, ACA/Obamacare it leaves no money for consumers to spend. I support Mariah4Congress in TN04 Time for the fed to raise intrest rates🤣
Source: CNBC - 🏆 12. / 72 Read more »

Wall Street analysts say GE may slash dividend again: 'The bigger the cut the better'General Electric is set to report its third-quarter earnings five days later than expected, and investors are bracing for more negative updates.
Source: CNBC - 🏆 12. / 72 Read more »