“The emerging markets have more blue sky,” says Bob Doll, BlackRock's (BLK) chief...

|By:, SA News Editor

“The emerging markets have more blue sky,” says Bob Doll, BlackRock's (BLK) chief investment officer for global equities, calling the developing world the "ultimate leveraged play on world growth." He expects 5.2% emerging-market growth vs. 2.3% in industrialized nations, and that inflation will be a "non-issue" in the U.S., Europe and Japan this year.