IF YOU GO• Bob Doll is the featured speaker at this year’s Chattanooga Area Leadership Prayer Breakfast, scheduled from 7 a.m. to 8:45 a.m. Tuesday, May 6 at the Chattanooga Convention Center. Call 423-698-0100 for ticket information.
Bob DollInvestors should expect more volatility and lesser returns this year than they enjoyed last year, but investing in stocks should still pay off again this year, market strategist Bob Doll says.
The rebound Monday in the stock market, which added 146.49 points, or 0.9 percent, to the Dow Jones Industrials on Monday, offset losses last week and reflects the increased trends of ups and downs in the market, Doll said.
“Stock markets are very volatile and I think we’ll continue to see that, but I still think we’ll end the year up with good returns for most investors,” said Doll, the chief equity strategist for Nuveen Asset Management. “Last year was very abnormal, not only in the amount of the gain, but in the limited volatility.”
Doll will be the featured speaker on May 6 at the Chattanooga Area Leadership Prayer Breakfast, the annual event that draws more than 2,000 guests to pray and promote their faith at the Chattanooga Convention Center. Doll is a frequent speaker at both investment and faith conferences, and insists both religion and money are vital.