The stock market has priced in the worst news, resulting in attractive valuations that should see a rally of at least 16% by year's end, Abby Joseph Cohen says. Indeed, with companies optimistic about Q2 numbers, some say stocks have room to rise. RBS' Andrew Roberts, expecting a "collapse far beyond what even some equity bears anticipate," would beg to differ. [View news story]
Semi-retired long term investor. Own mostly "value" stocks, bonds, and short term bond funds.
The stock market has priced in the worst news, resulting in attractive valuations that should see a rally of at least 16% by year's end, Abby Joseph Cohen says. Indeed, with companies optimistic about Q2 numbers, some say stocks have room to rise. RBS' Andrew Roberts, expecting a "collapse far beyond what even some equity bears anticipate," would beg to differ. [View news story]