UBS Commentary of Art Cashin

       UBS Financial Services has an excellent daily market commentary for clients with the views and outlook of long time New York Stock Exchange veteran Art Cashin. Last week Art included the opinions of Dr. Lacy Hunt and Brian Reynolds. We agree totally with every point they make. Art’s comments as follows: ” While not quite as incredible as the separate but simultaneous conception of Calculus by Isaac Newton and Gottfried Leibniz in the 17th century, I was amazed to see two parallel, virtually identical concepts of the basis for this 8 year rally from the Great Recession bottom in March of 2009.  These concepts come from Dr. Lacy Hunt and Brian Reynolds at New Albion Partners.  Dr. Hunt spoke at John Mauldin’s Strategic Investment Conference.  Luckily for us, the brilliant Steve Blumenthal participated in the conference and took copious notes of most of the presentations.  Here are Steve’s notes on Dr. Hunt’s segment on the stock rally. 

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