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Blackstone's Byron Wien unveils his big surprises for 2016

byron wien

For the 31st year in a row, Blackstone’s vice chairman and investing guru Byron Wien has released his 10 surprises for the year.

These are things Wien believes have a better-than-50% chance of happening, but the average investor anticipates a less than 30% likelihood of occurring.

Wien started this tradition in 1986 when he was Morgan Stanley’s top investment strategist, and he continued it when he joined Blackstone in 2009.

The predictions span from political — the Democrats will take back the US Senate — to economic — the Fed will only hike interest rates once in 2016.

Check out all 10 of his read more >>>

Source : BusinessInsider.Com