Bob Doll, the chief investment officer for equities at asset manager BlackRock, has posted his annual list of 10 predictions for the coming year; this year's theme being that 2009's government stimulus measures will be sufficient to overcome the longer term structural problems in developed world economies.

This year's list was presented to journalists in New York on Wednesday. The structural issues he discussed include the continued deleveraging by consumers and the bad loans that remain on the balance sheets of banks. He said: "I think cyclical stimulus will win the race, but the structural problems aren't going away any time soon".