Wall Steet: FED With A Fake Mustache?

According to NYSE trader Art Cashin there are all manner of conspiracy theories floating around on Wall Street. Some suspect that The Federal Reserve is manipulating the market (again). But the Wall Street veteran Art Cashin do not loose his cool. Not even over the Greek crisis.

“The Frieze hasn’t fallen off the Parthenon just yet.”

Art Cashin

It was primarily an easing of the currency pressure that turned Thursday’s U.S. stock market around, the UBS floor trader says in an interview with CNBC. He also says that among traders, there are all manner of conspiracy theories floating around.

The mitigating effects were seen in oil and gold prices, both of which are kind of neutral now, according to Art Cashin.

In addition, he points to the 30-year Treasury auction, which went better than previous auctions.

But Cashin said that among traders, there are all manner of conspiracy theories floating around:

“Is the Fed putting on a fake mustache and a raincoat and coming in as an indirect buyer?”

So, what’s likely to drive markets tomorrow?

Cashin points to the Greece debt situation, with analysts fearing a drain on money out of Greek banks.

But Cashin counseled calm and patience:

“The Frieze hasn’t fallen off the Parthenon just yet.”

Watch the full interview with Art Cashin here.

The H5F-TV Toolbar; built-in radio- and TV channels, news ticker and email notifier.


Reblog this post [with Zemanta]

0 thoughts on “Wall Steet: FED With A Fake Mustache?

  1. It’s industriously pending strike expert people by this catechism, at worst ethical self look better self go without saying what he’re talking about! Thanks

  2. Someone essentially help to make seriously articles I would state. This is the first time I frequented your web page and thus far? I amazed with the research you made to create this particular publish extraordinary. Wonderful job!

  3. Thanks for sharing this opinion. Regards for you. Good job! Very helpful information This is a cool blogging platform. Aw, this was a really quality post.. Where else could I get this kind of information written in such a perfect way?..

  4. This is really a remarkable piece of content, I discovered your web page checking bing for a related material and came to this. I couldnt get to significantly choice info on this posting, so it was great to locate this one. I’ll possibly finish up being again to look at some other posts that you’ve got an additional time.

  5. Thanks for this glorious article. One other thing is that a lot of digital cameras are available equipped with a zoom lens that allows more or less of that scene to be included by way of ‘zooming’ in and out. These changes in focus length usually are reflected inside viewfinder and on huge display screen right on the back of your camera.

  6. Nice weblog right here! Also your web site loads up fast! What web host are you using? Can I get your affiliate link to your host? I desire my site loaded up as quickly as yours lol

  7. I wish to point out my affection for your kind-heartedness in support of men and women that should have assistance with that situation. Your special dedication to getting the solution along ended up being certainly useful and have frequently enabled somebody just like me to reach their desired goals. Your valuable hints and tips means a lot a person like me and much more to my mates. Warm regards; from everyone of us.

  8. Took me time to read all the comments, but I really enjoyed the article. It proved to be Very helpful to me and I am sure to all the commenters here! It’s always nice when you can not only be informed, but also entertained!

  9. The next time I read a blog, I hope that it doesnt disappoint me as much as this one. I mean, I know it was my choice to read, but I actually thought youd have something interesting to say. All I hear is a bunch of whining about something that you could fix if you werent too busy looking for attention.

  10. Heya i’m for the first time here. I came across this board and I find It really useful & it helped me out much. I hope to give something back and help others like you helped me.

  11. Excellent post. I was checking constantly this blog and I’m impressed! Extremely useful info specially the last part 🙂 I care for such information a lot. I was seeking this particular information for a long time. Thank you and best of luck.

  12. I usually cant find it in me to care enough to leaves a comment for articles on the web but this was actually pretty good, thanks and keep it up, Ill check back again

  13. Magnificent goods from you, man. I’ve understand your stuff previous to and you are just extremely wonderful. I actually like what you’ve acquired here, certainly like what you are stating and the way in which you say it. You make it entertaining and you still take care of to keep it smart. I can’t wait to read much more from you. This is really a wonderful site.

  14. Hi You All I read the information you put up here and I wanted to point out you need to continue to add more articles. It’s extremely interesting to me and I will likely be back. I will show with my blogging friends. Keep publishing great stuff!

  15. Pingback: Latest The Vast Right-Wing Conspiracy Auctions | Johnsblog - I Know I'm Right...

  16. Pingback: Latest The Vast Right-Wing Conspiracy Auctions | Johnsblog - I Know I'm Right...

  17. Pingback: How Exactly Does the “Vast Right Wing Conspiracy”… | Johnsblog - I Know I'm Right...

  18. Pingback: How Exactly Does the “Vast Right Wing Conspiracy”… | Johnsblog - I Know I'm Right...

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s