The global economy is not facing the prospects of a recession and the commodity deflation that has troubled it has likely troughed out, says Abby Joseph Cohen, Senior Investment Strategist at Goldman Sachs.
Abby Joseph Cohen, Goldman Sachs sees the S&P 500 at around 1450 by year-end. "The forecast is that by year-end the S&P 500 could be at about 1,450 and that will be an increase of almost 20% for the year," she adds.