Art Cashin is a true legend on the floor of the NYSE and a great student of history. Art can always be relied upon for a considered reaction to any market gyrations, and his opinions are widely respected. In this interview he gives his thoughts on recent developments in Europe and the US, and the disconnect between market action and the seeming reality behind it.
Art is 'very, very concerned' about Cyprus, explains how Dijsselbloem's comments could lead to a major bank run, and of course weighs in on Japan.
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With Japan front and centre, what better time to take a look back at all the rises and falls of
the Nikkei through the last three decades, courtesy of Doug Short. great historical perspective on Japan's bonds, equity markets, and interest rates over that extended period.