Bob Doll's ten predictions for 2013

Bob Doll, chief equity strategist at Nuveen Asset Management, has made ten predictions for 2013, warning the political process in Washington D.C. surrounding the fiscal cliff is the most immediate risk.

Doll, who joined the Chicago-based firm at the end of November last year in a surprise move following his retirement from BlackRock in the summer, issues ten predictions every year and is "cautiously optimistic" for the year ahead. "The Middle East seems to be simmering with potentially destructive political and social unrest. Also, debt deleveraging threats are not totally in the rear view mirror, nor are the inflation possibilities from exploded central bank balance sheets," said Doll. Doll's got 60% of his 2012 predictions correct including his forecast that US equities would exper...