Were Bob Doll's 10 predictions for the year correct?

MY 10 PREDICTIONS FOR THE YEAR

Halfway through the year, BlackRock's chief equity strategist Bob Doll reviews the predictions he made at the beginning of 2011 and the outlook for the economy and markets.

Economic and market conditions have been uneven so far this year, but, on balance, have been positive. The US and global economies remain in a subpar growth cycle and currently appear to be in a slowdown phase within that cycle. Some of the reasons for the economic soft patch are temporary - the disruptions caused by the disasters in Japan, a spike in oil prices, bad weather - and we are expecting better economic conditions in the second half of 2011. Markets have faced and still face a number of risks. The European sovereign debt crisis continues to cause concern, but as of now a tempor...