Is Abby Joseph Cohen Still an Optimist?
The following commentary comes from an independent investor or market observer as part of TheStreet's guest contributor program, which is separate from the company's news coverage.
NEW YORK (TheStreet) -- Abby Joseph Cohen has been a legend on Wall Street for decades. Cohen, an economist and financial analyst, began her career in 1973 as an economist for the Federal Reserve Board at a time when women were just beginning to have an active presence in the rough-and-tumble financial world. Four years later, she moved to T. Rowe Price, working as a quantitative research director and economist.
In 1983 she moved to Drexel Burnham Lambert, where she stayed until a Justice Department inquiry led to the firm's demise. She worked briefly for Barclays de Zoete Wedd, then moved to Goldman Sachs in 1990 as vice president and co-chair of the bank's Investment Policy Committee. She rose through the ranks at Goldman, becoming a partner in 1996 and, ultimately, the bank's Chief Investment Strategist, a position she retained until David Kostin replaced her in March of 2008.
|Abby Joseph Cohen|
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