Byron Wien: "it’s conceivable that the markets will bottom before year end"

By on October 13, 2008

Byron Wien thinks we’re getting closer to rock bottom: “I don’t think this is the end of America as we know it.” Wien cites the Treasury’s exceptional power to buy distressed assets and $80/barrel oil as catalysts, and notes “smart investors” (i.e. Barclays (BCS), Buffett (BRK.A), Wells Fargo (WFC)) are wading into the troubled waters.


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