Agenda: 2014 Markets, Oil, Foreign Investment

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Oct. 31 (Bloomberg) -- The ‘Bloomberg Surveillance” team engages in an in-depth discussion of the big stories of the day with Abby Joseph Cohen, senior investment strategist at Goldman Sachs. They speak on Bloomberg Television’s “Bloomberg Surveillance.”

The day.

The market forward.

The equity market.

How about it?

I want a number right now.

I don't do that forecast.

Oh stop.

The portfolio strategy team believes that an s&p 500 of 1850 to 1900 over the next 12-18 months.

It is not a unidirectional market.

We have concerns, including the fact that we have the potential for another government showdown in december and again in january.

Common with the shares of twitter when you get them.

My agenda is exxon mobil which is due to report third- quarter warnings in about three to four minutes.

They posted their lowest profit last quarter.

We have already seen from shell that foreign global alpha -- output will be a big drag.

There is a big question mark here.

Are oils and mining companies a value here or are they out of the picture?

We think there are some that are a value.

You can mind that u.s. companies have distinguished themselves in this world because they have been among those with significant research and development.

The united states is now the world's largest producer of many forms of energy and we have invested between 10 and 15 times more than the other large producers, including russia, saudi arabia, and china.

On my agenda is the white house conference.

The commerce secretary under president are standing together today at an event to push for foreign investment.

Later today, we will hear from the president.

He is on this campaign.

The question is is it going to be a struggle, an uphill battle to attract foreign investment in this era of what we have called political dysfunction in washington?

Very cool.

There is plenty of demand so far.

We will see with the money

This text has been automatically generated. It may not be 100% accurate.


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