Sustained drop in stocks not likely despite uncertainties, global worries
Citing weak but recovering economy, monetary policy, Nuveen's Doll says, "We have been in the sweet spot for some time, and it is likely to continue."
U.S. equities finished lower last week as the S&P 500 declined 2.6% and suffered the largest weekly pullback since June 2012. U.S. stocks are down approximately 3% both year-to-date and from all-time highs. In 2014, lack of direction in the market has been a focus, and the waning influence of macroe
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