Byron Wien Reveals "Ten Surprises For 2015"

Blackstone Vice Chairman Byron Wien wants to to take the surprise out of life in 2015.

In announcing his predictions for “Ten Surprises for 2015,” Wien first looked to the U.S. Federal Reserve, predicting they would raise interest rates, which he said will suprise. Citing improving employment data and strong GDP growth, Wien didn’t mention the insider talk that 2016 is a presidential election year. As much as the Fed claims “independence,” the reality is withdrawing stimulus during an election with a resulting market crash might not be the best politics, as real economic structure issues might come into a sharp focus during the campaign.