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The next big move in the bond market will be down," says Goldman's Abby Cohen, speaking at the...

The next big move in the bond market will be down," says Goldman's Abby Cohen, speaking at the Bloomberg Hedge Fund Conference. Trotting out the same report she seems to use every year, Cohen says the S&P will rise 10-15% in 2013. She's particularly bullish on what she says are cheap European valuations.
Comments (1)
  • Scuttlebutt amongst my wags is if we do go over the fiscal
    cliff the following will occur:

     

    1. Precious metals will rise quickly anticipating a bond debacle,
    degrading, and U.S.credit rate lowering.

     

    2. Dividend paying stocks will be the only game in town with
    mountains of cash sitting on the sidelines and corporations
    buying back stock plus continuing to issue special dividends
    in an opportunity limited investment economy

     

    3. Europe will probably snap back as Abby says as it has been
    in it's own recession and funk and is due for some gains based
    on being the only other game in town along with U.S. high
    dividend paying stocks.

     

    4. Government Bonds and some munis will trash except for
    high yield, higher quality issues in any government.
    linked to stocks both U.S and European.
    6 Dec 2012, 09:25 AM Reply Like
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