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Bob Doll: Cliff Concerns Overdone
Posted by: Dheeraj Grover (IP Logged)
Date: December 18, 2012 11:20AM
Bob Doll, chief equity strategist at Nuveen Investments was on CNBC to discuss his views on the fiscal cliff. He thinks that cliff concerns are overdone in the market. He thinks even if we are not able to reach consensus on the cliff by Dec. 31 nothing much will happen as we go into next year. He also said in all probability the can will be kicked down the road. He also discussed what will be the impact of kicking the can down the road on the economy.
Credit and source: www.cnbc, cnbc
Here is the video:
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