Bob Doll’s predictions for 2024: A year of risk and ‘landing the plane’
investmentnews.comOne of the good things about turning the page on 2023 was the all-clear on a possible recession. Entering 2024, however, it seems that all bets are off.
Bob Doll, chief investment officer at Crossmark Global Investments, has released his annual predictions. Looking ahead to the new year, Doll said that the risks are “more symmetric: the risk of inflation remaining sticky and above target, and the risk of weaker economic activity exists as well.”
In his outlook for this year, Doll added that the consensus view of 2024 is a “Goldilocks” environment, one that isn’t too hot or too cold.
“The key economic question for 2024 is whether central banks can continue the ‘landing of the plane’ (soft landing) without a crash (recession),” he wrote.
Here are Doll’s 2024 predictions:
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