Blackstone (BX -0.8%) reverses a big premarket move higher, perhaps as COO Tony James tells...

|About: The Blackstone Group L.P. (BX)|By:, SA News Editor

Blackstone (BX -0.8%) reverses a big premarket move higher, perhaps as COO Tony James tells reporters in a pre-CC interview he sees a "spring swoon" for the economy and growth "not exactly around the corner." He sees "vast potential" as high net worth individuals - whose assets exceed those of institutions - are "way underrepresented" in the P-E space, and applauds retail offerings by CG and KKR.