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Stock Market Closing Report - 12/8/20 December 8, 2020

Wednesday, November 26, 2008

Art Cashin CNBC 11/26/08 - Market Bottom

Art Cashin was on CNBC 11/26/08, and gave comments about where we are in the stock market after this nice three day gain. You can see all of Art's past comments HERE.


What do we have to be Thankful for Art? Well, we Survived the year so far....feels very much like we're getting close to a bottom here.

Concern is growing that Bernanke thinks we are still at the edge of the cliff, and this is holding the markets back right now.

The market runs ahead of a bad economy, the stock market will rally well before we get out of this mess. We have a major move coming and I'm hoping its to the upside but we might get one more final washout. This is starting to look like the 1982 bottom.

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