Doll’s Deliberations

Stocks rose as a U.S.–Iran agreement reopened the Strait of Hormuz, sending energy prices lower and lifting risk assets with the Dow and Russell hitting records and the S&P up for its 11th week out of 12. While the ceasefire extension supports continued economic expansion and corporate profits, lasting peace is uncertain and setbacks remain possible. The Fed’s hawkish shift and higher odds of rate hikes this year have increased caution for investors, suggesting that building on first-half gains may be more difficult. For a copy of this week's Doll's Deliberation click on the following link Doll’s Deliberations - Crossmark Global Investments or go to www.crossmarkglobal.com for additional insight and investment solutions.

Bob Doll reviews a sharp weekly pullback in the S&P 500, sector winners and losers, and the key drivers behind market optimism — strong AI-driven earnings, oil and shipping risks tied to the Strait of Hormuz, and persistently sticky inflation. He warns that investor exuberance may be overdone as liquidity could tighten, pushing bond yields higher and pressuring equity valuations; the recommendation is a balanced but pro-growth tilt to stocks over bonds while monitoring rising yield and inflation risks. For a copy of this week's Doll's Deliberations, click on the following link Doll’s Deliberations - Crossmark Global Investments or go to www.crossmarkglobal.com for additional insight and investment solutions.

Bob Doll reviews a week of rising stocks and sectors led by utilities, healthcare, and real estate, while rising bond yields and the Iran conflict create fresh market risks. The episode examines whether high bond yields can coexist with high stock prices, highlights the impact of energy shocks and AI-driven earnings, and concludes that solid corporate profits and accommodative policy support markets — but a prolonged Strait of Hormuz disruption or further yield increases could trigger a correction. For a copy of this week's Doll's Deliberations click on the following link May 26 or go to www.crossmarkglobal.com for additional insight and investment solutions.

Bob Doll reviews the May 11, 2026 market update: a sixth straight week of all-time highs for the S&P 500, strong earnings—especially in tech and AI—and a 16% six-week gain. He explains how oil price volatility and Middle East tensions, centered on the Strait of Hormuz, are creating cross-currents that could boost inflation and bond yields, while central banks and investors weigh the trade-off between pro-growth positioning and tactical risk reduction. The episode concludes with Doll's outlook: the global expansion is likely to persist if the strait reopens, but investors should watch oil, inflation, and geopolitical developments closely. For a copy of this week's Doll's Deliberations click on the following link May 11 or go to www.crossmarkglobal.com for additional insight and investment solutions.

Bob Doll reviews a market rally driven by strong Q1 earnings and tech gains, with energy leading as Brent nears $100/barrel. Equity indexes hit record closes amid optimism that the Strait of Hormuz will reopen and oil prices will ease. He warns that continued geopolitical uncertainty could keep oil and input costs elevated, making inflation stickier and posing a tail risk to corporate profits. Crossmark remains risk-on but watchful for prolonged supply shocks and upcoming Fed guidance. For a copy of this week Doll's Deliberations click on the following link April 27 or go to www.crosssmarkglobal.com for additional insight and investment solutions.

Bob Doll reviews a mixed week for markets: S&P 500 near record highs, sector rotation out of the U.S., strong corporate earnings, and buoyant liquidity supporting asset prices. Meanwhile, gold’s rally and stress at the long end of yield curves signal growing investor unease. Tight credit spreads, flat income growth, and falling foreign demand for U.S. Treasuries increase the risk of a bond-market shock that could trigger a risk-off phase. The outlook remains cautiously optimistic but vigilant for catalysts that could prompt de-risking. For a copy of this week's Doll's Deliberations click on the following link February 2 or go to www.crossmarkglobal.com for additional insight and investment solutions.

Bob Doll's weekly market commentary reviews recent market action and argues that the “high-risk” bull market persists despite growing warning signs. Last week stocks were mixed: the S&P 500 slipped modestly while small caps and international markets outperformed; real estate, staples, and industrials led gains while financials and discretionary lagged. Key risks highlighted include rising yields outside the U.S. Treasury curve, surging margin debt, widening spreads in the lowest-rated corporate bonds, and accelerating commodity prices — all of which could trigger the next risk-off phase if a catalyst emerges. Despite these concerns, accommodative policy, solid corporate earnings (led by technology), and resilient global growth should sustain the risk-on backdrop for now — but investors should watch rates, credit spreads, and margin positions closely. For a copy of this week Doll's Deliberations click on the following link January 20 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.