Stocks to rebound 15 percent this year, and now's the time to buy: Blackstone
Stephanie Landsman | @stephlandsman
Published 3 Hours Ago
Hahahahhahahaaaaaa
I needed a good sunday laugh and wowwwww did I get one!!!!!!
Blackstone is telling investors not to give up on 2019, and perhaps they're starting to listen.
Its investment strategist, Joseph Zidle, is optimistic stocks will rebound this year, blaming the market's wild swings on misguided, negative sentiment.
"This is a buying opportunity. We see the market, the S&P 500, up 15 percent in 2019," he said Thursday on CNBC's "Futures Now." "This is just not a recessionary environment."
https://www.cnbc.com/2019/01/03/this-is-a-buying-opportunity-blackstones-joseph-zidle-says--.html
LOOOL, BXMT is actually a wonderful PUT for 2019, BX premiums are already too high tho
Blackstone Mortgage Reit has over 12 billion in CMBS, with 85 million in cash on hand... Last loan was 1.1 billion to Spain Commercial Developer, what can possibly go wrong with assets depreciating this much before project even finished ?
