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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 »
China smartphone shipments seen down 12-15.5 percent last year: market dataSmartphone shipments in China fell between 12-15.5 percent last year, market dat... Wow That's nothing - wait 'til you see figures over coming months. Can't not pay 800K+ ppl, divert crop markets and so on and expect everyone to be sporting new toys their kids can't eat. Are the tariffs the catalyst for this?
Source: Reuters - 🏆 2. / 97 Read more »
S&P 500 can rally 15% this year despite the shutdown sideshow: Blackstone's top strategistBlackstone's new chief investment strategist says he doesn't see 'any real lasting effects' of the government shutdown on the economy. LOL! almost there! Libs jumping out of windows! Will be great!
Source: CNBC - 🏆 12. / 72 Read more »