The market's 3% decline in the week ended March 19 may be the low from which the market will rebound, according to BlackRock Chief Equity Strategist Bob Doll.

Despite the turmoil in the Middle East and the potential for nuclear catastrophe in Japan, he said, "Our assessment is that none of these risks have yet derailed, or will derail, the global economic recovery or the longer-term bull market in equities."

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.