Art Cashin Death, Obituary – Art Cashin, a renowned figure in financial markets and a staple on CNBC for over 25 years, has passed away, leaving a significant void in the world of investing. As the director of floor operations at UBS and the New York Stock Exchange, Cashin was a veteran analyst who shaped market commentary with his wealth of knowledge and keen insights.
Known for his astute observations and quick wit, Cashin’s commentary became a trusted source for traders, investors, and viewers alike. His tenure on CNBC, where he offered real-time analysis of market movements, allowed him to build a reputation as a reliable voice during both calm and turbulent times. One of his notable lines came during the 2022 discussion about China reopening, where he quipped, “A rumor without a leg to stand on will find another way to get around,” showcasing his ability to succinctly summarize complex market phenomena.
Cashin’s influence on the market extended beyond his media appearances. He had a front-row seat to some of the most significant moments in financial history, including the 1987 stock market crash. His experiences and reflections during these events made him a living legend among traders.
As UBS’ director of floor operations at the NYSE, Cashin was also a mentor to many, passing on his wisdom to the next generation of market professionals. His insights into the inner workings of the stock exchange and his deep understanding of market psychology will be sorely missed.
His passing marks the end of an era for financial media, and his legacy as one of the most respected voices in the market will live on in the countless analysts and traders who looked up to him. Rest in peace, Art Cashin.
