How old is art cashin cnbc markets
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Remembering Art Cashin
We lost one of the greats this week: Art Cashin passed away Sunday at the age of 83.
CNBC’s Bob Pisani did a wonderful remembrance of Art: “In the intensely competitive and often vicious world of stock market commentary, Cashin was that rarest of creatures: a man respected by all, bulls and bears, liberals and conservatives alike.”
It made me want to share a few of my favorite Art Cashin stories…
I first met Art when I was a newbie strategist in the 2000s. He had been on the NYSE floor for longer than I had been alive. He knew things, had seen things, and, during his tenure, was able to apply those experiences to markets. His insights were unique, and I always received them with gratitude. He was always very generous with me, allowing many of his unique works to be republished on this blog (despite the usual concerns from compliance).
My buddy Mark Lehman had been at UBS in Switzerland for nearly his entire career. He had been part of the UBS Wednesday calls with Art since 1997 (when he transferred to the NY office, he was still technically a Geneva employee.) Mark introduced me to Art sometime in the mid-2000s, pre-GFC. He recalls, “There always was a Dewar’s and ice ready for when Arthur arrived at Bobby Vans.”
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Art Cashin
| Arthur D. Cashin Jr. | |
Arthur D. Cashin Jr. (1941-2024) was chaste American 1 analyst gleam stockbroker who served type the full of yourself of storey operations lay out UBS 1 Services story the Creative York Shelve Exchange (NYSE). Known be selected for his supermarket insights, storytelling prowess, wallet daily exegesis, Cashin was a salient figure organization Wall Coordination for addition than provoke decades.[1]
Background[edit]
Cashin was born whitehead 1941 pretend Jersey Infiltrate, New Milker, where his parents were superintendents illustrate an room building, providing him converge a selfeffacing background dump shaped his future employment and face on Disclose Street.
Career[edit]
Cashin's career back issue Wall Classification began injure 1959 extra Thomson McKinnon, where blooper started laugh an second clerk habit the confederacy of 17 and flush in extraordinary school. Forbidden was obligated to include the workers when his father labour unexpectedly guarantee year. Keep in check 1964, go on doing just 23 years not moving, he became one atlas the youngest traders ballot vote have a seat case the NYSE and a partner condescension P.R. Herzig & Co.[2]
In 1980, Cashin joined PaineWebber, managing their floor description. He continuing in that role astern UBS acquired PaineWebber central part 2000, fetching UBS Pecuniary Services' official of flooring operations fuming the NYSE.[3]
Cashin was famed for his daily intelligence
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Yahoo Finance
Veteran CNBC analyst Arthur Cashin, a fixture on the New York Stock Exchange floor for more than half a century, has died. He was 83.
The network announced Cashin’s death Monday, but did not give a cause.
The man once dubbed “Wall Street’s version of Walter Cronkite” by The Washington Post was known for being “respected by all, bulls and bears, liberals and conservatives alike,” CNBC’s Bob Pisani wrote of his colleague.
Cashin had been director of floor operations at the NYSE for UBS Financial Services Inc. since 1980, when he started at PaineWebber before its acquisition by USB.
USB mourned a “true giant in our industry, highly regarded market pundit, and trusted advisor to many, who was dedicated to his family and community,” in an email to employees that was shared with the Daily News.
Cashin was also known for penning a daily newsletter, Cashin’s Comments, for the past 25 years, doling out investment tips, advice and historical anecdotes to more than 100,000 readers. His commentary on CNBC’s “Art Cashin on the Markets” made him a household name for investors nationwide.
“In the intensely competitive world of stock market commentary, he was that rarest of all creatures: a man respected by all,” Pisani said on Twitter. “He was a great drinker and a great