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Crossmark's Doll: 'It's going to be tough making money in the stock market this year'

Crossmark's Doll: 'It's going to be tough making money in the stock market this year'

Money Life with Chuck Jaffe · Money Life with Chuck Jaffe

January 11, 20241h 1m

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Show Notes

Bob Doll, chief investment officer at Crossmark Global Investments, returns with his annual forecasts for the stock market, the economy, the financial industry and more in the year ahead. He notes that the consensus for 2024 is a soft landing, but he thinks the lagged impact of everything that cause recessions -- massively higher interest rates, retail inventory levels rising, savings rates coming down and more -- will finally lead to a mild recession in the middle of this year. Doll also thinks that stocks could finish the year in the red. Also on the show, Tom Lydon of Vettafi turns to an actively managed short-term bond fund for his ETF of the Week, and Mike Bailey, director of research at FBB Capital Partners, talks "beat and raise investing" in the Market Call.