Analysis of Bob Doll’s 2025 Prediction Recap and Market Opportunities Discussion (December 15, 2025)

On December 15, 2025, at 12:15 EST, Bob Doll—CEO and CIO of Crossmark Global Investments—appeared on Fox Business’ Making Money to discuss his 2025 prediction scoreboard, inflation, and market opportunities [4]. The U.S. stock market closed lower that day: the NASDAQ Composite fell -1.17%, S&P 500 declined -0.64%, and Dow Jones Industrial Average dropped -0.37% [0]. Sector performance was mixed, with healthcare (+0.73%), real estate (+0.52%), and consumer cyclical (+0.34%) leading gains, while consumer defensive (-1.64%), technology (-1.40%), and financial services (-1.17%) underperformed [0]. Due to limited intra-day data and a lack of the full interview transcript, a direct causal link between Doll’s comments and the market decline is unconfirmed; broader factors like valuation concerns, inflation, or geopolitical uncertainties may have driven the movement.

From Doll’s pre-published 2025 prediction recap (December 15, 2025), key accurate forecasts included a VIX (volatility index) averaging 19-20 (the highest since 2022, driven by tariffs, government shutdowns, geopolitics, and Fed uncertainties) [1], a 10% S&P 500 correction followed by a 40% recovery post-tariff-related decline [1], and strong earnings growth fueled by AI-related businesses [1]. A December 8, 2025 commentary noted the Russell 1000 Value index had a year-to-date return of 15.43% through December 5, compared to 19.84% for the Russell 1000 Growth index [2]. The interview’s “oldie but a goodie” reference likely refers to value stocks, a theme Doll has previously emphasized.

1. Doll’s 2025 predictions demonstrated partial accuracy, particularly regarding elevated volatility and strong AI-driven earnings, underscoring his focus on macroeconomic and technological trends [1].
2. The “oldie but a goodie” opportunity hint likely targets value stocks, which lagged growth in 2025 but may represent undervalued options based on Doll’s past commentary [2].
3. The December 15 market decline is unlikely to be directly tied to Doll’s appearance, as critical context (intra-day data, full transcript) is missing [0].
4. Doll’s forecast of higher volatility in 2026, driven by ongoing uncertainties, aligns with his characterization of the current market as a “High-Risk Bull Market” [1][3].

• Value stocks may represent a potential opportunity, as suggested by Doll’s “oldie but a goodie” reference and their 2025 underperformance relative to growth stocks [2].
• AI-related businesses continue to drive strong earnings, indicating ongoing sector momentum [1].

• Doll has previously described the market as a “High-Risk Bull Market,” citing stretched valuations, soft consumer confidence, and late-cycle signals [3].
• 2026 is expected to bring higher volatility due to unresolved tariffs, geopolitical tensions, and government shutdown risks [1].
• The causal relationship between market events and expert commentary remains uncertain without complete data, creating ambiguity for decision-makers.

This analysis synthesizes Doll’s 2025 prediction recap, market performance data, and hints at potential value stock opportunities. Decision-makers should monitor Crossmark Global Investments’ official channels for the full interview transcript and expanded commentary [1][2]. It is critical to consider broader market context—including valuations, Fed policy, and geopolitical risks—when evaluating opportunities, as the December 15 market decline cannot be directly attributed to Doll’s comments [0].