At the 2025 Sohn New York Conference, Steve Cohen, Chairman, CEO, and President of Point72 Asset Management, sat down with Jawad Mian, Founder of Stray Reflections, for a wide-ranging conversation on markets, mindset, and staying adaptable. With 48 years of trading experience, Cohen reflected on a “toppy” market, the need for reinvention, and staying relentlessly pragmatic.
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2025 Sohn New York Conference - Steve Cohen
- Steve Cohen calling for: Not in recession yet - 45% chance of recession - so we are close- slowing growth - unavoidable when add up tariffs, China, sectoral tariffs
- 2026 will also be low growth in 1.5% GDP growth range after all the "hits" this year
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