Dec. 11 (Bloomberg) -- Abby Joseph Cohen, investment strategist at Goldman Sachs Group, Thomas Sandell, chief executive officer at Sandell Asset Management Corp., and Caglar Somek, a partner a Caravel Management LLC, participate in a panel discussion about strategies and outlook for 2013. Bloomberg's Deirdre Bolton moderated the panel at the Bloomberg Hedge Funds Summit in New York on Dec. 5. (Source: Bloomberg)
U.S. stocks are priced at “very low levels” because investors are nervous about earnings, inflation, market volatility and the outlook for global growth, according to Goldman Sachs Group Inc.’s Abby Joseph Cohen.
Sept. 13 (Bloomberg) -- Abby Joseph Cohen, a partner and strategist at Goldman Sachs Group Inc., Steven Einhorn, vice chairman of Omega Advisors Inc., Jean-Marie Eveillard, senior adviser for First Eagle Investment Management, and Tobias Levkovich, chief U.S. equity strategist at Citigroup Inc., talk about the Federal Reserve's decision to undertake a third round of quantitative easing today, the outlook for financial markets and investment strategy. Bloomberg’s Dominic Chu moderates the panel at the Bloomberg Markets 50 Summit in New York. (Source: Bloomberg)
Treasury yields below zero on an inflation-adjusted basis for only the second time since Dwight D. Eisenhower’s presidency have split Wall Street’s biggest firms, underscoring the relative-value dilemma equity investors face following the biggest first-quarter rally in 14 years.
The Dow Jones Industrial Average climbed above 13,000, capping its longest weekly advance since January, amid speculation the European Central Bank will buy bonds to help lower borrowing costs and preserve the euro.
Abby Joseph Cohen, senior U.S. investment strategist at Goldman Sachs Group Inc., said equities will give better returns than bonds in the mid-to-long term as companies look to emerging markets for growth.