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REUTERS/Brendan McDermid Blackstone Vice Chairman and investing ace Byron Wien is out with his list of 10 “surprises” for 2018. These predictions, he says, have a better-than-50% chance of happening, but the average investor assigns them only about a one-in-three chance. The list, now in its 33rd year, includes a 10% stock market correction, populism worsening, […]
Since the start of the eight-year bull market, stock prices have closely tracked the size of the Federal Reserve’s balance sheet. But that’s quickly changing. While the Fed’s balance sheet has stayed mostly unchanged in 2017, the S&P 500 has continued to climb, surging roughly 11% year-to-date. The fact that stock indexes continue to make new […]
