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CNBC Stock Blog
Bob Doll has made a dozen predictions for the economy in 2009, and, along the way, revealed what sectors he especially likes in the new year.
"We're in a bottoming process," BlackRock's vice chairman and global chief investment officer of equities told CNBC. "Occasionally, you have to re-test bottoms before you finally make one on selling squalls; we would be an accumulator of stocks; we think when the year is said and done, riskier assets will outperform safe ones."
So here's Doll's list for 2009:
1. U.S. economy faces first nominal GDP decline in 50 years,
2. Global growth falls 2 percent.
3. Inflation falls close to zero in many developed countries.
4. U.S. Treasury curve ends year higher, steeper.
5. Earnings fall by double-digit percentages,
6. Bond spreads narrow.
7. U.S. stocks record double-digit percentage gain.
8. U.S. stocks outperform European stocks.
9. Energy [.DJUSE
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], health care [.DJUHC
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], tech [.DJUST
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] sectors outperform.
10. Volatility remains elevated.
11. Oil bottoms and moves higher by year-end.
12. U.S. federal budget deficit soars past $1 trillion.
Disclosures:
Disclosure information for Bob Doll was not immediately available.








