Comments from "Wall Street veteran Art Cashin" on the US stock slide today

  • The rumor that Trump's chief economic advisor, Gary Cohn, would leave the administration is not the only reason why stocks dropped
  • "No disrespect to Mr. Cohn, but what's really affecting the market is not the fear that only he would leave"
  • "People began to fear, as they did this morning, that if Cohn would leave, then others might follow, and he (Trump) would no longer be surrounded by competent people, and that took a hit in the market."

Link here for more

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Art Cashin is UBS director of floor operations at the New York Stock Exchange