In this interview at the Nuveen Retirement Outcome Leadership Council in Chicago, John Sullivan discusses market trends and predictions with Bob Doll, Nuveen’s Chief Equity Strategist. Doll highlights the market’s complex environment, citing factors like the Iran deal, oil prices, and trade issues that contribute to market volatility. He notes that while recent volatility seems high, it is actually closer to normal levels, contrasting with the unusually low volatility of previous years.
Doll maintains his market predictions for the year, expecting fluctuations but no end to the bull market. He predicts a divided U.S. Congress after the midterms, with Democrats taking the House and Republicans holding the Senate, dismissing the likelihood of a “blue wave.” For 401(k) advisors, he emphasizes a long-term investment focus and notes that regulatory issues, such as fiduciary standards, seem to be less prominent than before.
With more than 20 years serving financial markets, John Sullivan is the former editor-in-chief of Investment Advisor magazine and retirement editor of ThinkAdvisor.com. Sullivan is also the former editor of Boomer Market Advisor and Bank Advisor magazines, and has a background in the insurance and investment industries in addition to his journalism roots.
