Business & Finance
Stock Valuations Should Worry Investors, Abby Joseph Cohen Says
Key Points
Stock Valuations Should Worry Investors, Abby Joseph Cohen Says Lofty stock prices may be hiding risks investors should be paying more attention to, especially in the labor market, according to Abby Joseph Cohen, the former Goldman Sachs partner and now Columbia Business School professor. “Valuations basically say everything’s fabulous,” Cohen said in a Friday interview with Bloomberg TV. “When things are priced to perfection, that’s when investors need to be concerned,” she warned.
Stock Valuations Should Worry Investors, Abby Joseph Cohen Says
Lofty stock prices may be hiding risks investors should be paying more attention to, especially in the labor market, according to Abby Joseph Cohen, the former Goldman Sachs partner and now Columbia Business School professor.
“Valuations basically say everything’s fabulous,” Cohen said in a Friday interview with Bloomberg TV. “When things are priced to perfection, that’s when investors need to be concerned,” she warned.