07/01/2011
Bob Doll's 10 predictions for 2011
US stocks in 2011 will record a third straight year of double digit percentage returns, the first time this has occurred in more than a decade, according to Robert C. Doll, Chief Equity Strategist for Fundamental Equities at BlackRock, Inc. who has published its 10 predictions for 2011. 1. US growth accelerates as US Real GDP reaches a new all time high.2. The US economy creates two to three million jobs in 2011 as unemployment falls to 9%.3. US stocks experience a third year of double-digit percentage returns for the first time in over a decade as earnings reach a new all time high.4. Stocks outperform bonds and cash.5. The US stock market outperforms the MSCI World Index.6. The US, Germany and Brazil outperform Japan, Spain and China.7. Commodities and emerging market currencies outperform a basket of the dollar, euro and yen.8. Strong balance sheets and free cash flow lead to significant increases in dividends, share buybacks, mergers & acquisitions and business reinvestment.9. Investor flows move from bond funds to equity funds.10. The 2012 Presidential campaign sees a plethora of Republican candidates while President Obama continues to move to the center.
