Chief Equity Strategist for BlackRock Bob Doll reviews their asset allocation outlook for 2012. Their equity, fixed income and municipal fixed income outlooks for 2012 are also discussed. "Conditions have improved compared to last quarter, with the US economy showing signs of acceleration and European policymakers moving further along the path of progress. With the bearish tone receding, investors should consider moving into "risk" assets and out of "safe" assets, especially on pullbacks."