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Affable Predictions


Bob Doll is the chief equity officer for investment giant Nuveen.  For an investment strategist, he is remarkably humble and affable.  Each year, he makes 10 predictions and has a good track record.  With my comments in parenthesis, here are his 2020 predictions:

2020 Outlook

The theme of our 2020 Predictions is uncertainties diminish, but markets struggle. We intentionally draw on the fact that we see both positives and negatives for stocks as we head into the coming year. As we indicated earlier, some key risks look more manageable, while other fundamental factors may be working against the markets. Economic growth could pick up as we head into 2020, but we don’t think stocks will come close to the lofty results they reached this past year.

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