Bob Doll Says Bull Market is Likely to Continue

Nuveen’s chief equity strategist Bob Doll says the global stock market should continue to rise despite risks, according to his recent Barron’s article. Doll argues that investor confidence has increased with respect to corporate earnings and the global economy and that, although volatility may rise, equities should outperform bonds and cash in the year ahead. Inflation, he says, remains “well contained in most major markets outside of the United Kingdom,” and that investors are banking… Read More

Bob Doll Says Economy Presents Risk to Stocks

More so than politics, the current economic landscape could pose problems for the stock market, writes Bob Doll in a recent Barron’s article. Nuveen Asset Management’s chief investment strategist contends that, while investors are focused on how political uncertainty could affect equities, “near-term economic disappointment is a bigger issue.” Nevertheless, Doll writes, Nuveen remains constructive toward equities and other risk assets over the medium- and long-term.” He shares the following insights: Consumer confidence is high.… Read More

Bob Doll Says a Market Correction is Possible

Bob Doll says that current market optimism may be “overdone and markets could be vulnerable to disappointment” in an article he wrote for Barron’s earlier this month.  Still, Nuveen’s chief investment strategist is maintaining a pro-growth stance and a “constructive view toward equities.” In the article, Doll outlines what his firm sees as five possible risk areas for stocks: U.S. Politics: Investors, writes Doll, may lose what has been steadfast patience and optimism if “specifics… Read More

Bob Doll’s 10 Predictions for 2017

Nuveen Asset Management’s Bob Doll shared his ten predictions for the coming year in Business Wire: Predictions for 2017 U.S. and global economic growth improves modestly and dollar strengthens (and reaches parity with the Euro); Unemployment drops to its lowest level in 17 years, and wages increase at the fastest pace since the Great Recession; Treasury yields move higher (for a third consecutive year) for the first time in 26 years, and Fed raises rates… Read More

Bob Doll’s 2016 Recap and 2017 Outlook

As the markets diverge in the coming year, investment selectivity will become more important, writes Nuveen’s top strategist in a recent Barron’s article. He says that the post-election shift in financial markets led to his firm’s tweaking of predictions for 2017, and compares the original forecasts with actual trends: Correct: US real and nominal GDP remain below 3% and 5%, respectively, for an unprecedented 10th year in a row; US Treasury rates rise for a second year,… Read More

Bob Doll Talks Trump – 10 Takeaways for Investors

In this week’s Barron’s, Nuveen Asset Management’s chief investment strategist shared his list of the primary implications for investors of the Trump victory: Equity markets may remain generally positive toward Trump’s victory, for now. The rally in risk assets and the sell-off in Treasuries likely reflects that markets had priced in the probability of divided government. We expect further upward pressure on bond yields. Since its low point over the summer, the increase in the… Read More

Doll Bullish on Stocks

The S&P 500 inched up another 1.2% last week and, according to a Barron’s article by Bob Doll of Nuveen Asset Management, while equities are expensive on a historical basis they are still an attractive alternative to bonds and cash. Doll outlines his take on current market conditions: The Fed will probably raise rates in December, provided “economic growth remains on track and the global financial system does not endure an additional shock.” U.S. inflation… Read More

A Conversation with Nuveen’s Bob Doll

Making predictions can be pretty dicey business in general, but particularly when it comes to matters of the economy. A recent Investment News article recapped an interview with 36-year veteran portfolio manager Bob Doll (chief equity strategist at Nuveen Asset Management) that focused on his predictions for the year and his general economic outlook. While Doll hit the mark with his forecast on stocks beating bonds, he admits to making the wrong call on sector… Read More

Doll on the Markets Positives and Negatives on Today’s Market

In a recent Barron’s article, Nuveen Asset Management’s Chief Equity Strategist Bob Doll says that, despite disappointing first quarter results and apparent earnings struggles, consumer spending will be a healthy tailwind for the economy as a whole. He offers contrasting views of the current market situation:   Positive: Equity valuations don’t appear to be stretched; Earnings improvements should materialize in the coming quarters; The tumult in the oil market appears to be over; Investor sentiment… Read More

Nuveen’s Doll Optimistic for 2016

Bob Doll of Nuveen presents an optimistic picture of 2016, according to MarketWatch. Doll says, “My view is oil is going to stabilize at a low level, and we will see some of the consumer dividend get spent next year.” He continued: “So, the consumer’s going to be a bit better, oil’s going to be less of a headwind, so we’re going to be OK.” At the same time, Doll predicts that 2016 will be… Read More