"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.
The venerable Art Cashin unleashes some rather uncomfortable truths and no one dares disagree with him...
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