Bob Doll is the Chief Equity Officer for investment giant Nuveen.  He may not be the best known person on Wall Street, but he is certainly one of the best-liked.  Each year, he is brave enough to make ten predictions and has an enviable track record.  Here are his ten predictions for 2021:

1. 1. Our GDP growth rate will be the fastest in twenty years

   2. Inflation will approach 2%, and ten-year Treasuries will hit 1.5%

   3. The dollar sinks to a five-year low

   4. Stocks will reach another high but not as fast as EPS growth

   5. Cash will outperform bonds for first time since 2013

   6. Value stocks, small-cap stocks and emerging markets will outperform large-cap growth stocks

   7. Healthcare and financials will outperform energy and utilities

   8. Federal debt will exceed 100% of GDP

   9. Trade war with China will cool and become more multi-lateral

   10. Biden and McConnell will achieve significant legislation

Here are my thoughts.  I think 1,2, & 3 are very likely.  #4 is true only because the stock market has gotten far ahead of our recession-wracked economy.  #5 is absolutely expected.  #6 is long overdue.  #7 is probably true.  #8 is already true, depending on how it is measured.  #9 is so necessary that it has to be true.  #10 would be a gift to America.