Blackstone’s Byron Wien has never been one to shy away from
predictions. The Vice Chairman of Blackstone Advisory Partners has produced his
2013 list, including predictions on gold, oil, and everyone’s favorite stock,
Apple.
Among some of the more notable macro calls Mr. Wien makes
are concerns over oil prices, as he believes the price of West Texas
Intermediate could plunge on new rules out of Washington. Mr. Wien is also
bullish on Chinese stocks, as the new government there seems determined to weed
out corruption and encourage economic growth.
He’s also bullish on gold, saying it could reach as high as
$1,900 per ounce on macro uncertainties and continued currency debasement from
central banks around the world.
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