Bob Doll reviews recent market gains as major indexes hit all-time highs and argues that strong economic fundamentals and policy support are already priced into asset values.

He warns that rich equity valuations, tight credit spreads, rising bond yields, and geopolitical and policy risks make further broad gains harder and increase vulnerability to setbacks in 2026.

His bottom line: favor equities over bonds on a 6–12 month horizon but expect lower returns than 2025 and prepare for periodic volatility.

For a copy of this week's Doll's Deliberations click on the following link January 12 or go to www.crossmarkglobal.com for additional insight and investment solutions.

Bob Doll reviews 2025’s broad market rally and outlines 10 concise predictions for 2026, centered on a "high-risk bull market."

Key themes: modest U.S. growth, sticky inflation keeping yields higher, tighter credit conditions, slowing earnings growth, sector leadership in tech/financials, continued AI-driven volatility, and potential international outperformance.

Actionable takeaway: markets are priced for perfection—exercise caution, be ready to cut beta if yields spike or AI euphoria fades. Tune in for the annual prediction webinar on January 7.

Click on the following link to register for the Live Webinar on January 7, 2026 at 3 p.m. CT. Bob Doll's 10 Predictions for 2026 registration - Webex Mark your calendar.

For a copy of this week's Doll's Deliberations click on the January 5 or go to www.crossmarkglobal.com for additional insight and investment solutions.

Bob Doll reviews \d examines 10 predictions for 2025, concluding seven were correct. He summarizes the year’s markets: a third straight year of double-digit S&P gains, AI-driven earnings strength, a tariff-triggered drop and strong rebound, and ongoing investor optimism for 2026.

The episode highlights key themes—slower economic growth with slightly higher unemployment, sticky inflation, Treasury yields mostly between 4%–5%, elevated volatility, mixed sector and portfolio performance, and partial policy changes—then offers a cautious outlook for 2026. The next issue is due Dec. 31.

For a copy of this week's Doll's Deliberations click on the following link December 15 or go to www.crossmarkglobal.com for additional insight and investment solutions.