Byron Wien Says S&P 500 May Reach 1,500 in 2012

Aug. 15 (Bloomberg) -- Byron Wien, vice chairman of Blackstone Group LP’s advisory services unit, talks about the outlook for the Standard & Poor’s 500 Index and investment strategy. Wien, talking with Deirdre Bolton on Bloomberg Television's "In the Loop," also discusses the U.S. presidential election and European debt crisis. (Source: Bloomberg)

U.S. May Durable Goods Orders Disappoint in 1.1% Drop
37:32 - U.S. orders for business equipment unexpectedly declined for the month of May, falling 1.1%, nearly doubling expectations for a drop of 0.6 percent. Bloomberg's Alix Steel and David Westin report on "Bloomberg Daybreak: Americas." (Source: Bloomberg)
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