GOOG - Wien's 2021 surprises include return to some form of normal by Memorial Day
The success of five to 10 COVID-19 vaccines plus improved therapeutics will help the U.S. "return to some form of 'normal' by Memorial Day 2021," predict Blackstone Vice Chairman Byron Wien and Joe Zidle, chief investment strategist of Blackstone's Private Wealth Solutions group, in their annual list of top 10 surprises for the year.They expect that people will likely need to show proof of vaccination before they board planes or attend theaters, sporting events and other large gatherings.Wien defines a surprise as an event that the average investor would only assign a one-in-three chance of taking place, but that he believes is probable, having a better than 50% likelihood of happening.Number four on the list: The Justice Department softens its stance against Google ([[GOOG]] -1.6%) and Facebook ([[FB]] -1.7%) on the basis that the consumer benefits from the services they provide. "Certain divestitures are proposed and surveillance restrictions are applied,
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Wien's 2021 surprises include return to some form of normal by Memorial Day