By EconMatters
Bob Doll, chief investment officer at the world's biggest money manager-- BlackRock ($3.6 trillion in assets), who has produced an annual prediction for over a decade, just published his 10 predictions for 2012:
Regarding specific market and investing strategy, Doll noted In a separate Nov. 2011 CNBC interview (clip below):
Related Reading - BlackRock's Crystal Ball into 2010 and the Next Decade
The views and opinions expressed herein are BlackRock's own, and do not necessarily reflect those of EconMatters.
© EconMatters All Rights Reserved | Facebook | Twitter | Post Alert | Kindle
Market News and Data brought to you by Benzinga APIsBob Doll, chief investment officer at the world's biggest money manager-- BlackRock ($3.6 trillion in assets), who has produced an annual prediction for over a decade, just published his 10 predictions for 2012:
- The European debt crisis begins to ease, even as Europe experiences a recession.
- The US economy continues to muddle through yet again.
- Despite slowing growth, China and India contribute more than half of the world's economic growth.
- US earnings grow modestly, but fail to exceed estimates for the first time since the Great Recession.
- Treasury rates rise and quality spreads fall.
- US equities experience a double-digit percentage return as multiples rise modestly for the first time since the Great Recession.
- US stocks outperform non-US stocks for the third year in a row.
- Dividends and buybacks hit a record high.
- Healthcare and energy outperform utilities and financials.
- Republicans capture the Senate, retain the House and defeat President Obama.
Regarding specific market and investing strategy, Doll noted In a separate Nov. 2011 CNBC interview (clip below):
- Adding stocks on weakness into the lower part of 1100-1250 range
- Continue to favor the U.S.
- Sector focus: Healthcare and Technology
Related Reading - BlackRock's Crystal Ball into 2010 and the Next Decade
The views and opinions expressed herein are BlackRock's own, and do not necessarily reflect those of EconMatters.
© EconMatters All Rights Reserved | Facebook | Twitter | Post Alert | Kindle
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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