TagByron Wien

Stock Market Rally Proves Rate Cut Would Be a Mistake: Byron Wien

Byron Wien

By CCN Markets: Wall Street veteran Byron Wien has a reputation as a  prognosticator in the stock market, and so when he makes predictions, you might want to listen up. Wien, who at the beginning of the year predicted the S&P 500 would advance 15 percent in 2019, is reportedly so impressed by the stock market rally that he wants the Fed to lay off on the rate cuts. In fact, using his crystal...

Stock Market Strategist: 'Fed Needs to Do Nothing' with Red Hot Economy

dow

The stock market is booming this summer. June was one of the strongest months on record. And July is bringing more good cheer: The S&P 500 just topped 3,000 for the first time this week. Meanwhile, President Trump celebrated the Dow Jones index crossing 27,000 today: Dow just hit 27,000 for first time EVER! — Donald J. Trump (@realDonaldTrump) July 11, 2019 But one stock market...

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