Joseph Cohen
Joseph Cohen
Joseph Cohenwas a Canadian lawyer, academic, and politician...
children create dust front help mud remain tanks
No one will help us. The tanks remain in our front yard, and create dust and mess. When it rains, the mud is so bad, our children can't even go to school.
feeling good investors left
My feeling is there are some good opportunities left in the Nasdaq, ... But investors have to be careful.
conclusion continue expect forecast growth principal profit
The principal conclusion is that we expect profit growth to continue through our new forecast horizon,
likely lost months regain value
is likely to regain some of its lost value in the months ahead.
event january past rally states thanksgiving united
The so-called January rally has been a Thanksgiving event in the United States for the past decade,
believe calls coming domestic economic expansion growth longer moderate outlook pace percent persist profit
Our economic outlook still calls for real GDP (gross domestic product) growth averaging 3-4 percent in coming quarters. We believe that economic and profit expansion can persist for longer at the moderate pace we project,
anytime economic environment investor likely recession thinking today
An investor today should be doing what an investor should always be doing, and that is thinking about what the economic environment is likely to be going forward. There is not a recession likely here anytime soon.
attractive equity improved since
Equity valuation has improved since March, ... the most attractive they have been all year.
above anticipate assumed current demanded equity extreme highs historical investors near past premium reading risk september three
After September 11, 2001, we assumed that the equity risk premium demanded by investors would be above the historical average, but did not anticipate the current extreme reading which is near the highs of the past three decades,
assets economy good investors represent states time united
In 1997, investors were going for the sizzle around the world; this time they're going for the steak, ... The United States is the supertanker economy and assets in the United States represent good value.
economy inflation investors profits rearing ugly
Investors are recognizing the fundamentals are still terrific, ... Profits are sound, the economy is growing. Inflation is not yet rearing its ugly head.
activity corporate data economic expected gains inflation interest performance price reported stock suggest supported worst
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.
coming control direction extent government increased indeed investors iraq level relieved seem situation soon toward unfold
It is too soon to know how the situation in Iraq will unfold in the coming months, and the extent to which the new government can indeed control the country, ... But, for the present, investors seem relieved that the direction is not toward an increased level of U.S. involvement.
attractive extended following issues offer period price relative share smaller
Smaller issues offer attractive relative valuation, following an extended period of share price underperformance,