BX

What’s Ahead for the Stock Market and Economy in 2024? Roundtable Pros Weigh In.

by
What’s Ahead for the Stock Market and Economy in 2024? Roundtable Pros Weigh In.

It is always a stockpicker’s market. You just have to pick the right stocks. If you picked the so-called Magnificent Seven last year—a group of highflying, mostly tech stocks that powered the S&P 500 index to a 24% gain—you looked in the mirror and beheld a genius. This year, it might be wise to avoid … Read more

Blackstone’s president is still expecting a slowdown in the US economy

by
Blackstone’s president is still expecting a slowdown in the US economy

Jon Gray, the president of Blackstone Group, the world’s biggest alternative asset investment firm with $1tn under management, is watching for signs of an economic slowdown in the coming months. “So I think the Fed is going to slow the economy. And that’s really their objective, right?” Gray said in an interview with Private Equity News’ sister … Read more