Art Cashin warns a market bump 'could turn out to be a landmine'

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 51%

Nigeria News News

Trading legend Art Cashin is skeptical of the sentiment-driven rally and warns a 'bump in the road could turn out to be a landmine'

Legendary trader Art Cashin is skeptical of the stock market rally and said a hiccup could quickly unravel investors' optimism.

on Friday, pointing to fear of missing out."I think, short of going absolutely parabolic, this has been some dramatic, pyrotechnic run on this rally." Because the rally has relied so heavily on sentiment instead of fundamentals, he suggested that it's fragile.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines