Blackstone's Byron Wien's 10 Surprises for 2019

The video features a discussion on predictions for 2019, including the Fed's interest rate decisions, market performance, and the likelihood of a recession. It covers insights into the tech sector, particularly Apple's impact on FAANG stocks, and Brexit's political implications. The US political landscape is analyzed, focusing on the Democratic influence and Trump's position. The discussion concludes with an examination of market volatility, the shift towards algorithmic trading, and investment strategies.

What is one of the major economic surprises predicted for 2019?

• The Fed will raise rates multiple times.

• The market will decline by 15%.

• The Fed will not raise rates at all.

• A recession will occur in 2019.

How does the speaker differentiate Apple from other tech companies?

• Apple is a hardware producer, unlike most tech companies which focus on software.

• Apple is primarily a software company.

• Apple is expected to have better earnings than other tech companies.

• Apple is not affected by market trends.

What is the predicted outcome for Brexit according to the speaker?

• Another referendum will lead to the UK remaining in the EU.

• A deal will be reached by March 29th.

• The UK will negotiate a new trade agreement with the EU.

• The UK will leave the EU without a deal.

What shift in the US political landscape is predicted?

• The Republicans will gain control of the House.

• The Democrats will influence immigration policies.

• The Senate will become Democrat-controlled.

• Trump will lose support within his party.

What challenge do the Democrats face in the upcoming election?

• Increasing their majority in the House.

• Reversing tax cuts implemented by Trump.

• Finding a candidate who can defeat Trump.

• Gaining control of the Senate.

What is a significant change in trading practices mentioned?

• A return to traditional stock picking.

• An increase in individual investors.

• A shift towards algorithmic trading.

• A focus on short-term gains.

What is the general sentiment about a potential recession?

• A recession is not a concern for investors.

• A recession is unlikely before 2021.

• A recession is expected in 2019.

• A recession will occur in 2020.