Equities are a better investment than bonds these days, and they seem t0 be very attractively valued. That's the word from Goldman Sachs Chief Equity 'Guru' Abby Joseph Cohen during a Monday interview with CNBC.

[C-I Note: So why is Goldman selling $2bn in 3-year notes?  Is it possible that we have a "Conflict of Interest" issue relating to Goldman's actions?  Determine for yourself - go to WHO's News and read, ["Goldman, Wells Sell Bonds as Yields Dip."]

And that's just for starters.  Ms. Cohen said we shouldn't be worried that economic growth in the U.S. has slowed down - it's no indication we're headed for a double-dip recession.  Goldman's Cohen added:  "All you need to believe is that we will avoid another recession over the next couple of years." Economic Basis for Strategy, From Ms. Cohen. Current historically low interest rates have made equities a better investment than bonds which now also have their share of risk after generations of being perceived as safe.  She further doesn't see how "bonds can generate the same kind of returns going forward that they have over the last 30 years." That said, she agrees with Goldman economist Jan Hatzius's forecast that the 2nd half of 2012 will be more "difficult" than the first.  The mild winter may have contributed to a "puffed up" seasonal growth in the 1st quarter. Nevertheless, remember these words: Slow growth is still growth, and the longer-term trend is to the upside. Okay, time to get out of cash! For further details, go to:   [cnbc, 4/30/12].