Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Blackstone's Byron Wien unveils his big surprises for 2017

Akin OyedeleJan 3, 2017, 23:58 IST

Brendan McDermid/Reuters

Blackstone Vice Chairman and ace investor Byron Wien has unveiled his list of 10 surprises for 2017.

Wien believes these things have a better-than-50% chance of happening, but the average investor anticipates a less than 30% likelihood of occurring.

Wien started this tradition in 1986, when he was Morgan Stanley's top investment strategist, and he continued it when he joined Blackstone in 2009.

The predictions range from political (President-elect Donald Trump will step away from extreme positions) to financial (the 10-year yield will approach 4%).

Here they are: