CNBC Stock Blog
- Why You Should Play the Reflation Trade: Stock Picker
- S&P to Hit 1,200 by Year-End: Chief Investor
- 5 Big Bank Stocks Investors Should Consider: Strategists
- My 2010 Home Price Outlook: UBS Analyst
- Why Are Options Piling into Dollar Tree?
- Markets Can Rise 5-10% in the Near-Term: Strategist
- Buy These 'Competitively Positioned' Stocks: Portfolio Manager
- 5 Stocks That Benefit from Health Care Legislation: Analysts
- 9 Stocks That Play Rising Water Costs: Strategists
- Gold Prices Can Double in 3 Years: Portfolio Manager
MOST SHARED
- Wednesday's Economic News Crunch Could Tilt Markets
- The 'Real' Jobless Rate: 17.5% Of Workers Are Unemployed
- Obama Reiterates Commitment to Boost US-India Ties
- NBA D-League On The Rise
- The Social Media Gaming Threat
- Australia Wheat Exporters Face Challenges: GrainCorp
- Japan Export Rebound Eases Fear of New Recession
- Stifling Anger at Work Can Kill, Survey Finds
- Citi Mortgage Reveals What Treasury Won't
- S&P to Hit 1,200 by Year-End: Chief Investor
- Amended Berkshire Hathaway Filing Indicates No Secret Stock Stakes at End of Q3
- Facebook's Biggest-Ever Holiday Shopping Season
- Facebook's New Dual Class Structure - Slow Steps to an IPO
- 5 Big Bank Stocks Investors Should Consider: Strategists
- Gambling Drunk, Texting to Live And America's On Sale - Your Emails
- Nov. 24: Unusual Volume Leaders
- NBA D-League On The Rise
- Americans Ditch Planes for Trains this Thanksgiving
- AIG Board OKs CEO Pay; Benmosche Agrees to Stay
- Half of Banks' Losses May Still Be Hidden: IMF Head
- Obama Reiterates Commitment to Boost US-India Ties
- FDIC's Bair Cautions on Risks in Bank Break-Up Plan
- Wednesday's Economic News Crunch Could Tilt Markets
- Call Me Crazy: Confessions of a Black Friday Shopper
- Turkey Day 101: How Well Do You Know Your Bird?
- Citi Mortgage Reveals Something the US Treasury Won't
RSS FEED
Text Size 
Stocks gained Thursday after Alcoa posted strong earnings and jobless claims fell. But the US dollar fell against a basket of currencies as investors sought riskier assets.
Art Cashin, director of floor operations for UBS Financial Services, offered CNBC his market insights.
Is the sliding US dollar in a "disorderly decline"? Cashin replied strongly:
"It better not be."
"If people start actually dumping the dollar...I think it will destabilize markets, somewhat reminscient of last year."
He said markets should remain resilient if the dollar's drop occurs via a "'drip, drip, drip' trickle mode — rather than plunging sharply."
Cashin also voiced "misgivings" over trader euphoria about Alcoa [AA
Loading...
()
] financials.
______________________________
More Market Intelligence:
- Dow 10,000? Experts Call a Market Top
- 'Fast Money' Traders: Homebuilders Moving Market
- Mario Gabelli's Five-Star Stock Picks
______________________________
More CNBC Data Pages:
______________________________
CNBC Slideshows:
______________________________
______________________________
CNBC's Companies in the News:
Citigroup [C
Loading...
()
]
Bank of America [BAC
Loading...
()
]
PepsiCo [PEP
Loading...
()
]
JPMorgan Chase [JPM
Loading...
()
]
Marriott Intl. [MAR
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