One dominant market observation of the last decade has been that we have been experiencing the least believed bull market in history.
As of August of 2018 the market’s advance, in large-cap stocks at least, had indeed become the longest bull market in history.
But the experience of investors has been anything but a straight shot. If you look at indexes outside the largest U.S. company stocks it has been a much more perilous ride with several major corrections along the way.
The Russell 2000, which is used as a proxy for small company stocks is a case in point. It has experienced three major reversals in the last decade.
This week’s guest operates in the sweet spot of the current market, large-company stocks, but he is advising caution to his clients. He is a widely followed market strategist and successful investor, Robert Doll, senior portfolio manager and chief equity strategist at Nuveen.  Doll is famous for his frequently accurate list of 10 annual predictions forecasting the market, economic, interest rate, and political trends among others
With the economic recovery now the longest on record and slowing, how worried is he about a recession?
WEALTHTRACK #1611 broadcast on September 13, 2019.

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