Cohen Says Stocks Are `Good Value' Despite Recession October 28 (Bloomberg) -- Abby Joseph Cohen, senior investment strategist at Goldman Sachs Group Inc., speaks in New York about the outlook for the U.S. economy and global equity markets. Cohen speaks at the Securities Industry and Financial Markets Association's annual meeting. (Source: Bloomberg) Watch: http://www.bloomberg.com/avp/avp.htm?clipSRC=mms://media2.bloomberg.com/cache/vhfE0zxIwra8.asf Abby Joseph Cohen is back, baby! She's back! Bet it all on red! Red means no floor!!!
Not really a fade. She's been predicting a 15% rally over the next 12 months for at least 15 years. If she ever gets bearish that's the bottom but like a kid's wind-up toy, she's only capable a limited set of actions (none of which remotely resembles a bearish or even cautious call.)
Maybe you like seeing red on your screen but I'm betting it all on 0 or 00 which if you've ever seen a roulette table....is GREEN baby!