June 14, 2010

Blackrock`s Bob Doll Does Not Expect A Double Dip

“Double dips don’t happen all that often as long as we have the economy improving, interest rates low, the yield curve steep, leading economic indicators pointing higher, earnings improving, and jobs improving. I don’t think a double dip has a very high probability.

The big earthquake was late '08, early '09 and we’re going to have a bunch of aftershocks.”

Related: SPDR S&P 500 ETF (Public, NYSE:SPY), ProShares UltraShort S&P500 (ETF) (Public, NYSE:SDS)

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