BlackRock's Doll: My 10 predictions for the year ahead



BlackRock's chief equity strategist Bob Doll expects to see yields on treasuries rise, the eurozone crisis ease, and US equities deliver double-digit returns in 2012.

Doll acknowledged the breakup of the eurozone remains the largest global risk, threatening to tip the entire developed world and even the emerging world into a new recession, but his outlook for 2012 is not all doom and gloom. "We do not need Europe to solve all of its problems in 2012 for the world to achieve an ‘okay' year," Doll said. "Since there is already such a significant ‘crisis premium' baked into the markets, just avoiding disaster could be enough." Doll expects the US economy will "muddle through" 2012, boosting markets worldwide, and he is confident US equity markets will...

To continue reading this article...

Join Investment Week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now


Already an Investment Week


More on Economics

Industry Voice: Multi-asset managers highlight diversifiers for troubled times

Industry Voice: Multi-asset managers highlight diversifiers for troubled times

Katrina Lloyd @ Investment Week
clock 17 August 2022 • 6 min read
Rising food prices made the largest upward contribution to the change in prices from June

UK inflation surges to double digits at 10.1% in July

Above expectations of 9.8%

Elliot Gulliver-Needham
clock 17 August 2022 • 1 min read
Analysts continue to price in rate hikes despite data indicating the economy contracted 0.1% last quarter.

Analysts price in second consecutive 50bps hike by BoE as recession looms

59% according to Reuters poll

clock 16 August 2022 • 2 min read