Curtis Arledge, co-head of US fixed income at BlackRock, and Bob Doll, chief investment officer at BlackRock, discuss their firm's Q2 asset allocation report.
Bob Doll believes the equity market will pushing higher. According to him, the economy is moving two steps forward, and occasionally one-step backward.
He thinks the economy recovery that is underway is more normal than people give it credit for. Inventory has been built, and the jobs are coming back. What’s new about the normal about?
He thinks the structure headwind of the economy will cause higher taxes in the future, which will be a concern for 2011 and beyond.
For now though, everyone should be focused on the good economic data that flow in.
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Bob Doll believes the equity market will pushing higher. According to him, the economy is moving two steps forward, and occasionally one-step backward.
He thinks the economy recovery that is underway is more normal than people give it credit for. Inventory has been built, and the jobs are coming back. What’s new about the normal about?
He thinks the structure headwind of the economy will cause higher taxes in the future, which will be a concern for 2011 and beyond.
For now though, everyone should be focused on the good economic data that flow in.
Also check out:
