- Abby Joseph Cohen (not pictured) sees year-end rally. Goldman Sachs strategists say the Standard & Poor's 500 Index will climb 9.7 percent from its Nov. 16 close to 1,600 in the final six weeks of 2007, the steepest gain since 1971. Cohen, known for her bullish predictions during the 1990s, said in an investment outlook this month that losses for companies hurt in the housing market will be offset by increased earnings at corporations that sell technology and industrial equipment outside the U.S. The 55-year-old strategist says a recession is unlikely.
- But... Remember Abby Joseph Cohen's 2000 predictions?
- Jessica Biel is the "front-runner and fan favorite" for the role of Wonder Woman. "However, from what we can tell, the shapely starlet has pulled a Howard Dean by bowing out of the race." Don't worry; it's not like they'll be picking Abby Joseph Cohen (still not pictured) for the role.
- The world is approaching a practical limit to the number of barrels of crude oil that can be pumped every day. Yeah, especially if we keep the bans on drilling up, eh? Say, wouldn't it have been nice to have started the process to get ANWR up 10 years ago? Up to one million barrels a day there. I'm not suggesting that oil is the future; but it is the present. Until the next thing comes along, we need to drill more. And isn't it a national security issue?
