Bob Doll, vice chairman and chief investment officer for global equities at BlackRock, says stocks will outperform bonds and cash this year — and U.S. economic growth may well hit close to 4 percent.
Profit-taking can take over at any point, Doll observes. At any point in time we could have a pullback … but pullbacks could be short-lived and just be sideways consolidations.
“We do think we’re in a cyclical bull market, so (we would use) pullbacks to add for those who feel they have missed” (the rally), Doll says. (more)
No comments:
Post a Comment