Abby Joseph Cohen Goes Crazy Bullish

f?id=49fb19e24b54378000e78971

Get a load of this: Goldman Sachs (GS) strategist is bullish.

She says the S&P 500 could move up by as much as 20% to 1050

Bloomberg: Cohen said the Federal Reserve’s delay in releasing stress tests on the biggest U.S. banks isn’t worrisome. Executives from the lenders are debating preliminary findings with examiners, according to government and industry officials. The results, originally scheduled for publication on May 4, won’t be revealed until May 7, according to people familiar with the matter.

“They’ve been having discussions with the banks about the appropriate next steps,” Cohen said. “If anything, the slight delay indicates the thoroughness” of the review.

(Relief, wiping sweat off forehead now)

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.