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Dheeraj Grover
Dheeraj Grover
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Bob Doll Discusses His Outlook for the Stock Market

December 05, 2012 | About:

Newly appointed chief equity strategist of Nuveen Asset Management, Bob Doll (ex-Blackrock chief), was on Bloomberg to discuss his outlook for the U.S. stock markets. He discusses his views on the impact of the fiscal cliff on investor sentiment.

-- Keep invested in the market; all the negative sentiment is priced into the market already.

-- Market will be in trendless mode till uncertainity related to the fiscal cliff is not resolved.

-- Uncertainty stifling business spending, leading to muddling economy.

-- The economy in the U.S. and the world is not growing fast but is still positive and muddling through.

-- Balance in the portfolio is key in this kind of market; include defensive plays into your portfolio (health care) along with cyclical plays.

Credit and source: www.bloomberg.com

Here is the video:



About the author:

Dheeraj Grover
I am an individual investor with deep interest in the field of value investing. My ideas and thinking is inspired by highly respected value investors like Ben Graham, Warren Buffett, Walter Schloss, Bill Ruane and Tweedy Browne

Rating: 4.8/5 (4 votes)

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