Abby Joseph Cohen Says Era of Everything Going Up Is Over

(Bloomberg) — With fervor in markets receding, investors will need to critically focus on fundamentals and security selection to ride out the turbulence, Abby Joseph Cohen said.

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The S&P 500 Index is poised for its worst first half since Richard Nixon’s presidency as red-hot inflation and Federal Reserve interest-rate hikes batter stocks. Amid the current selloff, picking out securities will be important, Cohen, a professor at Columbia Business School and former…

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