CNBC Stock Blog
- Portfolio Prep for Next Week: 'Don't Get Crazy'
- Strategists on Dubai: Avoid 'Rash Moves' Now
- Dubai Stock Market Fear Has 'Legs': Dennis Gartman
- Surprising Options Trades in TiVo Shares
- 10 Dividend Picks For Your Portfolio: Chief Investors
- 4 Thanksgiving Week Buys For Your Portfolio: Market Pros
- There's a 'Great Chance' For a Double-Dip Recession: Strategist
- Retail Earnings and Sales to Improve in Q4: Analyst
- 4 Food Stocks to Stuff in Your Portfolio: Analyst
- S&P at 1050-1200 Trading Range Next Year: Strategist
MOST SHARED
- Tiger Woods Out of Hospital After Accident
- The Good Entrepreneur Winner
- Get Paid Six Figures to Wear a T-Shirt?
- 8 Retailers that Gain During the Holidays
- Dubai Spooks Investors But May Bring Buying Opportunity
- Global Selloff From Dubai Woes Shows Signs of Winding Down
- Finding the Holiday's Best Buys
- Dubai Fallout Is a Correction, Not Another Crisis: El-Erian
- Longer Lines, Fuller Carts This Black Friday
- Halftime Report: Dubai - First Ripple Of Larger Crisis?
- U.S. Stocks Fall on Dubai Worries
- Black Friday at Best Buy
- Strategists on Dubai: Avoid 'Rash Moves' Now
- Longer Lines, Fuller Carts This Black Friday
- Dubai Stock Market Fear Has 'Legs': Dennis Gartman
- Obama's Emission Reduction Pledge Paints Future for Autos
- Is Super Bowl Halftime Act Too Old?
- Surprising Options Trades in TiVo Shares
- EA Sports Hopes to Pump Up Sales Through Pop-Up Locations
- Global Selloff From Dubai Shows Signs of Winding Down
- Dubai Stock Selloff May Bring Buying Opportunity
- Longer Lines, Fuller Carts This Black Friday
- Tiger Woods Out of Hospital After Accident
- Dubai Fallout Is a Correction, Not Another Crisis: El-Erian
- Dubai's Debt Woes Signal New Era for Creditors
- Get Paid Six Figures to Wear a T-Shirt?
- The World's Biggest Debtor Nations
- Five Tips for Buying a Foreclosed Home
RSS FEED
Text Size 
Will the markets rebound this week? Art Cashin, director of floor operations at UBS offered his insights Wednesday.
"I think the market is going to struggle a little bit," said Cashin. "I think the wording of the Fed statement in the middle of the week is key. Can they take care of the 'bond vigilantes' and start to bring mortgage rates back down?"
"Bernanke speaks on Thursday [to Congress] and he's supposed to speak on the Merrill Lynch, Bank of America deal," Cashin said. "But if the market takes the Fed statement (from Wednesday) wrong, he'll have to address that."
(Watch video for full Cashin interview)
When asked about the $104 billion in new notes being auctioned this week and if there could be shift in the bond market, Cashin said: "I worry about the dollar and bonds," Cashin said. "Like in an old cowboy movie when you are driving a herd, it can turn into a stampede. So if the weakness in bonds continues, it could get a bit ugly."
- Oil, Gold, NatGas Prices Now
- Where's the US Dollar Today?
- Oil Falls Below $70 After Mixed Supply Data
- Dow 30 Stocks in Real Time
- More Art Cashin: CNBC Video Interviews
______________________________
CNBC Slideshows:
______________________________
______________________________
CNBC's Companies in the News:
Apple [AAPL
Loading...
()
]
Walgreen [WAG
Loading...
()
]
Dow Chemical [DOW
Loading...
()
]
______________________________
Disclosures:
Disclosure information was not available for Cashin or his company.
Data is a real-time snapshot *Data is delayed at least 15 minutes