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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: hjz who wrote (66831)1/25/2000 3:33:00 PM
From: puborectalis  Read Replies (1) | Respond to of 108040
 
ABBY COHEN STILL CALM>>>>>>>Goldman Sachs (NYSE:GS - news) chief U.S. market
strategist Abby Joseph Cohen struck a comforting note on Tuesday, telling investors that the
weakness that has cut into stock prices in recent days has not changed her year-end forecast
for moderate stock gains.

In a summary note of comments to clients, Cohen said concerns about inflation and interest rates are the culprits eroding stock
prices. She said fixed income markets have already priced in a tightening of a half to three-quarters of a percentage point by the
Federal Reserve in coming months. [ yahoo]