UBS's Art Cashin: Summer Rally May Be Topping, Sees Payroll Deflation
8/08/2010 06:09:00 PM | via @Dvolatility |
Catching up from last week. Art Cashin, director of floor operations at UBS, was on CNBC last week saying the summer rally may be over, with perhaps another melt up. He was also interviewed on King World News giving his perspective on the US Economy, unemployment, payroll deflation and GDP growth (downgrades to 1.5%).