Cohen: Bull Market Entering Forgotten Economic Phase

The video discusses the current economic phase, highlighting improved traction and growth. It examines the Federal Reserve's role in the context of falling oil prices driven by supply changes. The discussion shifts to market valuation, earnings, and the potential for future growth, emphasizing the importance of PE ratios and market outlook. The speaker clarifies their stance on being bullish, not overly optimistic, and reflects on past undervaluation in the market.

What factors indicate that the economy is gaining traction according to the text?

How does the Federal Reserve's control over commodity prices relate to oil prices as mentioned in the text?

What does the text suggest about the expected revenue growth and earnings per share growth?

What is the significance of the PE ratio mentioned in the context of market valuation?

According to the text, what are the implications of the current market prices on future economic expectations?