Bob Doll, Ex chief Equity strategist of Blacrock and now consultant was on Consuelo Mack to discuss his views on the stock market, current valuations and why he think they are the best investment class for the next decade.
Here is the brief summary of this thougts
- Stock market pessimism is over done
- Last decade was worse for stock market returns but thinks that next decade will be best for stocks
- Thinks going forward US stock market will provide a minimum 8% per year returns in coming decade including dividends
- We will slowly heal with interim bumps in the next decade
- Returns on bonds are not their for investments, stocks win the investment race
- Common stocks is returning yields higher than high quality bonds.
- He is most worried about is Europe. All slowdown across the world can be managed but Europe poses systemic risk.
Here is the video:
Here is the brief summary of this thougts
- Stock market pessimism is over done
- Last decade was worse for stock market returns but thinks that next decade will be best for stocks
- Thinks going forward US stock market will provide a minimum 8% per year returns in coming decade including dividends
- We will slowly heal with interim bumps in the next decade
- Returns on bonds are not their for investments, stocks win the investment race
- Common stocks is returning yields higher than high quality bonds.
- He is most worried about is Europe. All slowdown across the world can be managed but Europe poses systemic risk.
Here is the video:
