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Bob Doll is Vice-Chairman and global chief investment officer of equities at global fund house BlackRock. Doll received his MBA from The Wharton School at the University of Pennsylvania in 1980. He is a CFA charter holder and a Certified Public Accountant.
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Bob Doll: Markets to move in a trading range |
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Written by Bob Doll
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Tuesday, 02 March 2010 10:00 |
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STOCKS ADVANCED FOR the second consecutive week for the period ended Feb 19, which saw the Dow Jones Industrial Average rise 3% to 10,402, the Standard & Poor’s 500 Index advance 3.1% to 1,109 and the Nasdaq Composite Index climb 2.8% to 2,244.
Despite some mixed data over the past couple of months, our view is that the global economic recovery remains on track, both in developed and emerging economies. In the US, manufacturing, production and business sales figures have risen over the past six months at their strongest rates since the early 1980s, but we have yet to see real improvements in jobs or income growth. The snow storms that paralysed large areas of the US in February probably mean that the month’s numbers will be sluggish as well.
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Last Updated on Saturday, 06 March 2010 09:54 |
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Bob Doll: Sharpest part of the correction is over |
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Written by Bob Doll
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Saturday, 20 February 2010 09:16 |
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AFTER WEEKS OF correction, stocks took a breather and managed to post a modest rebound for the week ended Feb 12, which saw the Dow Jones Industrial Average gain 0.9% to close at 10,099, the Standard & Poor’s 500 Index advance 0.9% to 1,076 and the Nasdaq Composite Index rise 2% to 2,184.
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Last Updated on Saturday, 27 February 2010 10:33 |
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Bob Doll: Downside risk continues |
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Written by Bob Doll
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Saturday, 13 February 2010 14:18 |
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THE MARKET JITTERS continued and stocks ended lower for the week ended Feb 5, which saw the Dow Jones Industrial Average fall 0.55% to 10,012, the Standard & Poor’s 500 Index decline 0.72% to 1,066 and the Nasdaq Composite Index dip 0.29% to close the week at 2,141.
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Bob Doll: It’s still a bull market but recent correction isn’t over yet |
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Written by Bob Doll
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Saturday, 06 February 2010 11:07 |
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IT HAS BEEN a tough couple of weeks for equities. For the week ended Jan 29, the Dow Jones Industrial Average fell 1% to 10,067, the Standard & Poor’s 500 Index declined 1.6% to 1,074 and the Nasdaq Composite Index dropped 2.6% to 2,147. Stocks were down roughly 6.5% from their highs in mid-January. Along with the recent decline in equity prices, we have also seen some strengthening of the US dollar in recent weeks, as well as a fall in commodity prices.
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Last Updated on Saturday, 13 February 2010 14:18 |
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