Crossmark's Doll on the unpredictability of 2023
Veteran Wall Street observer Bob Doll, chief investment officer at Crossmark Global Investments, has been making 10 forecasts for the New Year for decades, but 2023 was one of the most difficult times he has ever had reading the tea leaves for the market and economy. He explains why as he looks back at his forecasts from a year ago and reviews what he got right and wrong and how conditions have changed; he will return to the show next week with his forecasts and predictions for 2024. Meanwhile, John Cole Scott, president of Closed-End Fund Advisors, is looking forward, doing his annual forecast for the year ahead in closed-end funds, highlighted by his expectation that closed-end funds to outperform the general equity markets,In the Market Call, Raymond Bridges of the Bridges Capital Tactical ETF talks about being "aggressively cautious" in today's market conditions.