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Bob Doll’s 10 Predictions for 2020Bob Doll’s 10 Predictions for 2020

In the Nuveen chief equity strategist’s view of 2020, active managers and Donald Trump win.

Diana Britton, Managing Editor

January 7, 2020

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Bob Doll, chief equity strategist at Nuveen, made his 2019 predictions with slightly less conviction, saying it was a tough year to forecast but that he was leaning toward a bullish view on stocks. He was mostly right, getting eight out of 10 predictions correct.

A year ago, Doll says, many investors were worried about a global recession, but those risks have since faded. Overall, he argues that there are fewer uncertainties as it relates to the markets this year than last year, and the economy is "OK." The probability that we’ll see a recession anytime soon is close to zero; there are just no signs of it.

Here are his top 10 predictions for 2020—some controversial, some predictable.

About the Author

Diana Britton

Managing Editor, WealthManagement.com

Diana Britton is the Managing Editor of WealthManagement.com, covering covering independent broker/dealers and RIAs from all angles. She's also the host of The Healthy Advisor, a podcast focused on advisor health and wellbeing. A native of Los Angeles, she now lives in Rocklin, Calif.