Last month, he heard the bell ringing. Now, he sees a long road to recovery. BlackRock vice chairman and global CIO of equities Bob Doll believes there's a lot of ground to be regained.
"Our best guess is, we're going to bounce around between zero and 2 percent real GDP for the foreseeable future," he said on CNBC Tuesday. "We think we've passed the low -- that was March 17 -- and we will work our way irregularly higher in this bottoming process."