BlackRock’s Bob Doll Makes 10 Predictions For 2012

blackrock bob doll
BlackRock’s Bob Doll

[credit provider=”CNBC” url=”http://video.cnbc.com/gallery/?video=3000060447″]

Wall Street’s top strategists continue to unveil their predictions for 2012.  Goldman’s Jim O’Neill offered his predictions earlier this month, Seabreeze Partners’ Doug Kass published his predictions earlier this week, and Blackstone’s Byron Wien is most likely to produce his list some time next week.BlackRock’s Chief Equity Strategist published his 10 Predictions for 2012 today.

Click Here For Bob Doll’s 10 Predictions >
From his note:

In summary, 2012 is likely to feature a slow-growth world that includes a recession in Europe. The United States faces headwinds, but manages to achieve growth of between 2% and 2.5%. China and India slow somewhat, but, along with the United States, make up two-thirds of global GDP growth. The big risk remains that of a financial breakdown in Europe, which would tip the developed world, if not the emerging world, into recession. Inflation should also continue to move lower. Should the muddle-through environment come to pass, we believe earnings and some improvement in confidence would allow equity markets to move higher, with US stocks leading the way.

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[slide
permalink=”europe-contracts-but-the-crisis-recedes-1″
title=”Europe contracts, but the crisis recedes”
content=”‘The European debt crisis begins to ease, even as Europe experiences a recession’

Source: BlackRock
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[slide
permalink=”us-economy-grows-slowly-2″
title=”US economy grows slowly”
content=”‘The US economy continues to muddle through yet again ‘

Source: BlackRock
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[slide
permalink=”china-and-india-lead-global-growth-3″
title=”China and India lead global growth”
content=”‘Despite slowing growth, China and India contribute more than half of the world’s economic growth’

Source: BlackRock
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[slide
permalink=”earnings-beat-expectations-4″
title=”Earnings beat expectations”
content=”‘US earnings grow modestly, but fail to exceed estimates for the first time since the Great Recession’

Source: BlackRock
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[slide
permalink=”treasury-rates-rise-5″
title=”Treasury rates rise”
content=”‘Treasury rates rise and quality spreads fall’

Source: BlackRock
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[slide
permalink=”double-digit-gains-in-stocks-6″
title=”Double-digit gains in stocks”
content=”‘US equities experience a double-digit percentage return as multiples rise modestly for the first time since the Great Recession’

Source: BlackRock
image=”http://static.businessinsider.com/image/497a6c795781d649e0cc2200″
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[slide
permalink=”us-stocks-lead-the-world-7″
title=”US stocks lead the world”
content=”‘US stocks outperform non-US stocks for the third year in a row’

Source: BlackRock
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[slide
permalink=”companies-return-cash-to-investors-8″
title=”Companies return cash to investors”
content=”‘Dividends and buybacks hit a record high’

Source: BlackRock
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[slide
permalink=”overweight-healthcare-and-energy-9″
title=”Overweight healthcare and energy”
content=”‘Healthcare and energy outperform utilities and financials’

Source: BlackRock
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[slide
permalink=”republicans-take-over-washington-10″
title=”Republicans take over Washington”
content=”‘Republicans capture the Senate, retain the House, and defeat President Obama’

Source: BlackRock
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[slide
permalink=”another-legend-is-out-with-his-forecasts-11″
title=”Another legend is out with his forecasts”
content=”Goldman’s Jim O’Neill Presents His 11 Predictions For 2012 >
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