×

Cashin says: Anticipating today's taper announcement

11:40 AM ET Wed, 30 April 2014

CNBC's Bob Pisani and Art Cashin, of UBS, discuss the quiet morning, mixed data and the traders' response. The lousy winter pushed up heating costs, Obamacare increased medical spending, and rents went up. All are involuntary costs that affected consumers. Cashin also says he expects the Fed to continue its taper.