Blackstone's Wien unveils his '10 surprises' for 2015
Byron Wien, vice chairman of Blackstone Advisory Partners, has issued his list of 10 Surprises for 2015. This is the 30th year Wien has given his views on a number of economic, financial market and political surprises for the coming year.
Byron defines a “surprise” as an event that the average investor would only assign a one out of three chance of taking place but which Byron believes is “probable,” having a better than 50% likelihood of happening.
Byron started the tradition in 1986 when he was the chief U.S. investment strategist at Morgan Stanley. Byron joined Blackstone in September 2009 as a senior advisor to both the firm and its clients in analyzing economic, political, market and social trends.