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Art Cashin Lays Out Risks in Current Market Environment  ( Original )
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.