Watch Art Cashin: What I DON'T want to see

Friday, 11 Oct 2013 | 2:00 PM ET
90 Seconds with Art Cashin: Will the rally hold?
Friday, 11 Oct 2013 | 11:40 AM ET
CNBC's Bob Pisani and Art Cashin, of UBS, discuss whether there is reason to be optimistic about the meeting between Senate Republicans and President Obama over the debt ceiling and reopening the government.

Art Cashin says today's gains, building on Thursday's stock rally sparked by apparent progress in ending the Washington stalemate, indicate the rally "could have further life."

Cashin, UBS' director of floor operations at the NYSE, told CNBC's Bob Pisani around midday that "no one's rushed out to get in front of the TV cameras to say anything."

He also expects that Congress' plan to recess next week will put pressure on lawmakers to reach a deal "so they can get back home."

Cashin's take: "Let's hope the politicians stay off the screen and we can carry this into the close."


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