Bob Doll’s investment predictions for the next decade
Bob Doll, vice chairman and chief fundamental equity strategist at BlackRock, is forecasting annualized U.S. stock market returns of close to 8% for the coming decade. “Many investors want to forget the last 10 years, which featured the two worst bear markets since the Great Depression,” Doll said.
“We're not likely to see double digit stock returns in the coming 10 years, due to ongoing deleveraging and significant structural problems. But two disastrous market decades in a row is extremely unlikely as well.”
Here are his ten predictions for the next ten years: