NuveenInvestments/YouTubeNuveen Asset Management’s Bob DollNuveen Asset Management’s Bob Doll is out with his 10 predictions for 2016, and the general theme is “meh.”
In a presentation entitled “The Muddle Through Continues,” Doll laid out a case for slow global growth, meager investment returns, and a decent US economy.
“There are going to be good days and bad days, good weeks and bad weeks both for economic growth and earnings, and therefore the stock market,” said Doll during a breakfast on Thursday.
“There are not a lot of ‘table pounders’ when trying to find a reason we would have a big up, or I would argue a big down, year for the market,” he said.
Doll’s 10 predictions include outlooks for US GDP growth, inflation, terrorism, and the 2016 presidential election.
We’ve included the presentation Doll gave to back up his predictions, along with comment from Doll on each of his forecasts below.