Maria Bartiromo's Investor Agenda
MARIA BARTIROMO'S NEWSLETTERS
MOST SHARED
- Commercial Property Fears Are Overblown: Zell, LeFrak
- Pending Home Sales Have Record Rise; Construction Flat
- US Manufacturing Grew Less Than Expected in November
- Somali Sea Gangs Create Pirate Stock Exchange
- Good Sign for the Economy: 'Greed' Makes a Comeback
- More Late on Auto Loan Payments in Third Quarter
- AIG Slashes US Debt Under Deal With New York Fed
- Euro Zone Manufacturing Grows Faster Than Forecast
- Trump: Time to Force Banks to Start Lending
- Stocks Likely Don't Need Santa to Keep Rally Going
- Ford, GM, Toyota US Sales Up, But Chrysler Falls
- Larry Kudlow's Open Letter to Tiger Woods
- AIG Slashes US Debt Under Deal With New York Fed
- Commercial Property Fears Are Overblown: Zell, LeFrak
- Trump: Time to Force Banks to Start Lending
- Seamstress Fined $5.7 Million for Insider Trading
- Super Fantasy Christmas Gifts of 2009
- Accused Ponzi Schemer Rothstein Arrested
MARIA BARTIROMO VIDEO
MARIA BARTIROMO'S NEW FREE NEWSLETTER
BUSINESSWEEK
RSS FEED
CNBC Anchor
Even Byron Wien doesn’t expect to be as right in the future as he has been this year.
![]() |
Brand X Pictures | Getty Images |
Here’s what he predicted back in January:
1. The S&P 500 will rise to 1200. It hasn’t happened yet, but after dipping below 700 in early March, the S&P has rallied to close to 1100, and Byron told me on the Wall Street Journal Report that he still thinks it will hit 1200 before year end.
2. Gold will rise to $1,200 per ounce. Again, we’re not there yet, but gold is trading comfortably above $1000 an ounce – and could rally even more – after starting the year well below that level.
3. Oil returns to $80 PER barrel. Few thought that would happen. It did.
4. The dollar will experience a “serious downward slide.” Correct, again.
5. The 10-year Treasury will yield 4%. It briefly touched 4% in June.
6. China’s growth will exceed 7%. The latest numbers out of China put growth at about 9%.
7. New York will threaten bankruptcy, with other states to follow. Fortunately, this hasn’t happened, but there are concerns over the financial condition of New York, California and several other states.
8. Housing starts will bottom in the fall. Wein believes that has happened.
9. The U.S. savings rate will not exceed 3%, as most economists expected. He was “sort of” right on this one. The savings rate jumped as high as 6% earlier in the year, but it is now back down to 3% as consumers show signs of spending again.
10. President Obama will slow troop withdrawals from Iraq and increase U.S. presence in Afghanistan. Another good call
So what does Byron think about his success? “Don’t count on it ever happening again in my lifetime,” he said to me.
Well, he may be overly modest. Byron is well-respected on the Street, and for good reason. He’s already starting to work on his 2010 surprises, and when I asked for a hint of what was to come, he said that one surprise could be “natural momentum in the economy.”
Here’s one prediction I’ll make: We’ll all be interested in what’s on his list for 2010, and you can be sure we’ll talk much more about it in my Investor Brief e-letter (click here to sign up) and on CNBC.
_____________________________
_____________________________
Questions? Comments? Write to










