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Wednesday, November 5, 2008

Art Cashin CNBC 11/05/08 - Barack Obama

Art Cashin CNBC 11/05/08 - Comments on the Election and on Barack Obama

Last night was a Historic evening for America....people are slightly nervous however, there was mild disappointment in Barack Obama's acceptance speech, Obama chose to separate Wall St and Main St. again in his speech, the stock markets will be sensitive to each move he makes going forward. The Obama administration has to get up and running fast because we have a lot of financial problems out there with our economy.

ADP report: I think the Jobs Report on November 7th might be worse..we will have to look at what the ISM number does today at 10am.

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