Blackstone’s Byron Wien says S&P 500 on track for year-end rally to 3,000 despite stock-market wreckage

in #markets6 years ago

Blackstone’s Byron Wien is holding his bullish stance. In spite of the recent drop in the markets, he still feels that 3,000 year end on the S&P is possible.

His view is there was a lot of complacency in the market that needed to be shaken out. The last few days was a wake up call to investors.

Wien sees a run into year-end regardless of the outcome of the election.

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