Art Cashin Lays Out Risks in Current Market Environment

ibankcoin.com
NOV 9, 2017

Art lays out three primary risks 

1. Political uncertainty
2. Credit market worries, highlighted by the fact that Junk Bond Index is         down 7 days in a row
3. Trump’s tax cut bill is dead

Add these things on top of an already frothy tape, beset by amateur speculators and weak hands, and there is a significant risk here for further downside.




Original Source