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’Goldman replaces Cohen as forecaster
Abby Joseph Cohen, one of the most prominent voices of the bull market during the 1990s, has been replaced as Goldman Sachs’ main forecaster of short-term market moves, reports the WSJ. Cohen remains at Goldman as the top member of the investment-strategy team,
Goldman’s Cohen: ‘Just calm down. This is not 1987′
The recent market wobble has simply enhanced the attractiveness of leading US equities, Goldman Sachs strategist Abby Cohen declared on Wednesday. And anyone who tries to draw parallels between the current process of de-risking and the ugly events of October 1987 should look at the facts.
Goldman’s Abby Cohen on…well, just about everything
Abby Cohen, chief US investment strategist at Goldman Sachs, participated in a live FT Q&A on Monday.
Here’s a summary of her responses to reader questions on:
Global liquidity (and the reduction thereof) - “The usual means by which liquidity is reduced is through the actions of central bankers.