Joseph Cohen
Joseph Cohen
Joseph Cohenwas a Canadian lawyer, academic, and politician...
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.
backdrop believe technology
We believe that the backdrop for investments in technology is favorable,
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.
conclude facts fair market roughly today
When we put all of these facts together, we conclude that the market today is roughly at fair value,
currently emphasis integrated moderate number oil services small
We are currently advising a moderate overweight, with an emphasis on oil services and a small number of integrated producers,
catching pleased rest
We are pleased that the rest of the world is catching up.
attention brazil consequences direct economic focused global investor quite recently states three united
Global investor attention has recently focused on three nations: Russia, Brazil and Venezuela. The direct economic consequences for the United States are quite small,
asia bit economy hurts strong weakness
I think it was more of an excuse, ... Weakness in Asia just hurts a strong economy a little bit around the edges.
appears earnings following operating percent performance rose second share similar
It appears that operating earnings per share rose 6 percent to 7 percent in the second quarter, following a similar performance in the first.
fears recession year
recession fears are unwarranted for this year and the next.
changed corporate economy economy-and-economics recent specific
Little of a fundamental nature, specific to the U.S. economy or corporate performance, has changed in recent weeks,
believe remains view worries
We believe these worries will be short-lived, ... The intermediate and long-term view remains bright.
markets today
Today the markets are already priced for imperfection,