Tuesday, February 26, 2008

Art Cashin's Comments, February 26, 2008

Only caught the tail end...

Art: ...the big story of '08 could be the price and scarcity of food.

JC: The market keeps going up... anything positive to that?

Art: We've had very thin markets and then yesterday S&P affirms AAA ratings on ABK which may be the most remarkable thing since Lazarus. I mean, ABK was just short of selling body parts to make ends meet and S&P affirms... I think we're at the upper end of the range here, but I think that range will hold.

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