Talk about pulling a relic out from the woodworks. Bloomberg found her in the darkest corner of the world, where she painted a bullish outlook for stocks, suggesting investors are acting emotional and without brains.
She thinks crude trades $30-40’s, referring to her colleagues work. And, she posits the S&P 500 will trade up to 2,100–based on her mathematical models, which luckily for all interested parties, are not saddled with the sad luggage of human emotion. She isn’t into all of this drama, like the lot of you. Goldman’s Cohen is robot-like in her fair value assessments and cannot relate to the broken chopsticks manner by which the Shanghai composite conducts itself.
Back in the 90’s to early 2000’s, Cohen was the man (extra Bruce Jenner). Whenever she made a market call, the market heeded it and the media sopped it up like sponges and then squeezed it all over the retail investor, who would then go out and buy stocks. She was always bullish on stocks, to the point of retardation when the dot com bubble killed people. Then Goldman reassigned her and she’s been moving about the globe, nomadically, ever since.
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What she’s basically saying is that the Fed has tipped off GS about their plans to re-support asset prices via being EXTREMELY dovish somehow….
hopefully it’s something like QE4 so I can put the whole portfolio back into ES
She was on Rukeyser every Friday night. Thought he was great.
apparently JPM didn’t get the earnings consensus memo
I always viewed her as a tool of misdirection, and did wonder if she identified with the Joseph in her name more than the Abby.
Bucc, could be. She did make the correct bull call through the Reagan eighties. Totally missed the 87 crash. Nobody made that call.
Elaine Garzarelli made that call….
Oh yea. Forgot about her.
Marty Zweig called it on Louis Rukeyser show.
nice to hear from the tbtf squid holding company
“Good luck with your layoffs, all right? I hope your firings go really well.” peter gibbons