BlackRock's Bob Doll: No Double Dip (VIDEO)

Jun 6 2011 | 8:33am ET

Despite recent economic data, the markets should not react to bearishly because the economy is not headed for a double-dip, says Robert Doll, BlackRock chief equity Strategist.

“We're in sloppiness near term and the market probably has more down side. I think it's very different from the scare we had and the double dip fears of last summer and fall,” Doll tells CNBC. “We've got credit spreads that are a lot narrower than they were. We've got money growth where we didn't. We actually have some commercial and industrial lending taking place. I'm not pounding the table for a strong economy, but I don't think we have a double dip.”

Original Airtime: Mon 06 Jun 11 | 07:00 AM ET



In Depth

Q&A: Rotation Capital's Rothfleisch On SPAC 2.0

Aug 11 2017 | 7:43pm ET

Corporate actions have long been a staple of event-driven investors, but activity...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Star Mountain: Private Lending in the Lower Middle-Market

Aug 14 2017 | 4:45pm ET

Private credit has become one of the most popular alternative asset classes in recent...

 

From the current issue of