Abby Joseph Cohen was born in 1952 in Queens, New York and is an
American economist and financial analyst on Wall Street. She is a
partner and—as of March 2008[update]—Senior U.S. investment strategist
at Goldman Sachs. Prior to that date, she was Chief Investment
Strategist. In 2001 she was named one of the 30 most powerful women in
America by Ladies Home Journal.
Cohen began her career as an
economist in 1973 at the Federal Reserve Board in Washington, D.C.
serving until 1977. She worked as an economist and quantitative
research director for T. Rowe Price Associates. She obtained her
Chartered Financial Analyst charterholder designation in 1980. From 1983
until 1988, Cohen was the vice president in charge of investment
strategy at Drexel Burnham Lambert Inc.
the Michael Milken fiasco and subsequent United States Department of
Justice investigation into Drexel Burnham Lambert's affairs that led to
the firm's demise, Ms Cohen worked for a short time with Barclays de
Zoete Wedd, Inc. then joined Goldman Sachs in New York City as a vice
president and co-chair of the Investment Policy Committee in 1990 and
was named a managing director in 1996.