Art Cashin was a Wall Street fixture for six decades, serving as director of floor operations at the New York Stock Exchange, and as a regular commentator on CNBC for over 25 years.
- Died: 2024
- Details of death: Died at the age of 83.
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Art Cashin’s legacy
If you were tapped into the investment scene, you knew Cashin’s name. In 1964, at just 23 years old, he became a member of the New York Stock Exchange. He remained there the rest of his life.
As a young man, he was immersed in the noise and clamor of the stock exchange floor. In 1980, he joined the team at PaineWebber, a financial services firm that has since merged with UBS. There, he was made director of floor operations at the NYSE, building a reputation as a market guru and as a social fixture at Bobby Van’s Steakhouse in Manhattan, where he’d go each evening to liaise with friends after the trading day was done.
When not holding court over a cocktail, Cashin wrote a daily column, “Cashin’s Comments,” that was sent to clients for more than 40 years. He also became a fixture on CNBC for over a quarter century, where he contributed his knowledge of the market to viewers. He was dubbed “Wall Street’s version” of famed news anchorman Walter Cronkite (1916–2009) by the Washington Post in a 2019 profile.
After escaping the 9/11 terrorist attacks on the World Trade Center in 2001, Cashin was chair of the NYSE Fallen Heroes Fund, devoted to helping the families of first responders killed in the line of duty.
Tributes to Art Cashin
Full obituary: New York Daily News