HomeBusinessIndustrialsByron Wien of Blackstone Has More Predictions for 2021
Byron Wien of Blackstone Has More Predictions for 2021

Byron Wien of Blackstone is holding his prediction of 4,500 for the S&P 500 before the end of the year. He feels the Fed will taper at the end of this year or early in 2022. He believes there will be secular changes due to the pandemic, such as in hybrid work and school schedules, and that remote learning is here to stay. He is a growth investor and likes biotech and technology sectors. Nicole revisits his 10 predictions for 2021 with some already coming true, such as a Memorial Day reopen and Crude (/CL) over $65. He gives his thoughts on cryptocurrency and the 10-year yield (TNX).

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18 Jun 2021

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