US Stocks Could See a Correction: Wien
Producer, CNBC's "Squawk Box"
Looking back at his top two 2012 Surprises, Wien nailed it.
(Watch Video: Wien's 2012 Market Surprises)
His No. 2 Surprise was "Earnings for American corporations continue to move higher driving the Standard & Poor's 500 above 1,400." The S&P closed last year at 1,426, rising 13 percent.
Wien's No. 1 Surprise for 2012 was "The extraction of oil and gas from shale and rock begins to be a game changer." U.S. Energy Information Administration said on Monday that a boom in shale oil production will raise domestic crude output by a fifth over the next decade. The EIA also expects that the United States will produce 7 percent more natural gas between 2010 and 2035 than previously projected.
—By CNBC's Matthew J. Belvedere; Follow him on Twitter @Matt_SquawkCNBC