Abby Joseph Cohen Quotes
I think what we had today was a disconnect between the stock market and the economy. The U.S. economy looks great...corporate profits [are] good...inflation and interest rates will be friendly for longer.
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Today | Disconnect | Stock | Market | Economy |
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Data suggest that economic activity has bottomed and that the worst is now being reported for corporate profits. As such, stock price gains are expected to continue, supported by improvements in corporate performance and mild-mannered inflation and interest rates.
- Abby Joseph Cohen
