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Art Cashin Comments On Today's Crash: "The Fed Will Try Anything"

By: capt_nemo in POPE IV | Recommend this post (1)
Fri, 15 Jan 16 11:17 PM | 77 view(s)
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Submitted by Tyler Durden on 01/15/2016 - 12:05

"The Fed will try anything," warns Art Cashin, calmly explaining that markets "are in 'deep concern' mode," currently and if the S&P hits 1857, "there might be another whole new round of selling." The Fed's solution, Cashin stoically explains to a dumbstruck CNBC anchor, that "it doesn't matter that it hasn't worked in the past," The Fed will unleash moar QE to save the world.
http://www.zerohedge.com/news/2016-01-15/art-cashin-comments-todays-crash-fed-will-try-anything

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