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Goldman Sachs' Abby Joseph Cohen: Outlook For Markets

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Abby Joseph Cohen said the S&P would finish this year at 1400.--and that's where it is now. AND she predicted Dow 12,000--which could be viewed as conservative. So what does the Goldman Sachs Chief Portfolio Strategist predict for the rest of this year and next?

On Squawk Box--Cohen says she believes large cap stocks will outperform small cap and he thinks stock prices overall will be higher in 2007--but she says investors will be gauging U.S. economic growth next year--and that could determine overall market prices.