Blackstone's Byron Wien on the outlook for the markets post-election

Byron Wien, Blackstone Private Wealth Solutions Group vice chairman, joins "Squawk on the Street" to discuss how each presidential candidate will affect markets going forward. It looks like Biden has a clear lead and is going to be the victor, says Wien. The market will probably rally on the outcome. The popular perception is that Trump is better for business, but it may not turn out that way, he adds. I think his top two priorities will be getting the virus under control and creating jobs.