Blackstones Byron Wien says stocks have room to move up

[tsptalk]

Blackstone’s Byron Wien says stocks have ‘room to move up’ and this is ‘nothing like 2006 or 1999’
PUBLISHED WED, NOV 27 201912:20 PM ESTUPDATED MOMENTS AGO

KEY POINTS

“People complain that the market is overvalued but … with these interest rates, the market is really below fair value,” says Blackstone’s Byron Wien.

“It still has some room to move up,” he says.

Wien has been on Wall Street for more than 50 years and his annual list of 10 market surprises remains a must-read in the financial industry.

https://www.cnbc.com/2019/11/27/wie...se-and-this-is-nothing-like-2006-or-1999.html