After a tough 2021, Bob Doll makes his forecasts for 2022

Money Life with Chuck Jaffe

Wall Street veteran Bob Doll, chief investment officer at Crossmark Global Investments, has long made annual forecasts for the key financial elements of the year ahead. But coming off the global pandemic and the way it skewed economic numbers, Doll's crystal ball was murkier a year ago, and it was reflected in him hitting on fewer of his predictions. We review what happened with him, and then turn our attention to the coming 12 months, which Doll says are still hard to forecast because of the unpredictability of current trends. That said, those trending uncertainties will make for a tougher year, one in which investors are likely to find that diversification pays off more than in the recent past. Also on the show, Chuck answers a listener's question about a popular fund, ARK Innovation, that has been struggling for the last year.