Art Cashin explains why stocks are rising despite the civil unrest and what he see's happening next

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UBS floor director at the NYSE Art Cashin said Tuesday that Wall Street is more focused on the economic reopening than the civil unrest, and that many underestimated the

"psychological" effect of businesses reopening.," Cashin said he underestimated how willing people would be to go back to crowded spaces and businesses once economic restrictions were lifted.

 

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Pro I will take Art out to lunch if we can keep the magic of Wall Street going long enough to bring over 30 million workers back to the workforce:) I can't see it holding. Jobs grow the economy. NYSE

Pro Until rich Jews and White boys are not affected, party continues as Powell floods the market with $$$ printing

Pro kevinolearytv is absolutely correct! TSLA and other plays. I agree! He’s on point.

Pro Market is acting abnormal, with all the bad news and it keeps going up. One thing it shows is the inflation rate which in the near future US dollars will have less purchasing power over time. Printing press has seeious consequences, not right the way but it will.

Pro Because of the utter stupidity of the buy the dip morons who watch Constant Nasdaq Bullish Charlatan channel and the FED criminality of the last decade thanks to their political elite enablers

Pro There Will be nothing to go back to!

Pro (it's because Jews get richest during war and they're ginning hard for war)

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