Economics

Abby Joseph Cohen, Famous for Bullish Calls, Plans to Retire

  • Cohen stepping back after 26-year career at Goldman Sachs
  • Prominent strategist will continue to meet with clients

Abby Joseph Cohen to Retire From Goldman Sachs

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Abby Joseph Cohen, the Goldman Sachs Group Inc. strategist whose prescient, upbeat stock-market forecasts made her the face of the 1990s bull market, is retiring as president of the firm’s Global Market Institute.

Cohen, 64, will hand off most of her management and administrative duties while continuing to counsel clients and other groups through the firm, she said in an interview on Thursday. As an advisory director, she’ll meet with customers seeking guidance on investing, according to a Feb. 2 staff memo. She also will remain on the investment committee overseeing Goldman Sachs’s U.S. retirement plans and act as a liaison to the Department of Defense’s National Defense University.