- Art Cashin, director of floor operations at UBS, sent out his annual Christmas poem.
- The poem recaps the year's financial, political, and arts highlights.
Legendary New York Stock Exchange floor trader and director of floor operations for UBS Art Cashin just published his annual Wall Street Christmas poem.
As usual, he mentioned some of the year's financial highlights such as the trade wars and tariffs, as well as the dilemmas of iconic American companies Sears and General Electric.
He also mourned a few of notable actors, singers, and celebrities that left us this year. And, perhaps unsurprisingly, he complained about the frequent government shutdown.
As Cashin said, 2018 was a year full of bumps. And his poem is certainly worth the read as we head into the New Year:
'Tis four days yet to New Year but despite what you're hopin'The folks in the Board Room say "all Monday we're open"So we'll buy and we'll sell as the tape crawls alongAnd though "Bubbly's" verboten we may still sing a songTwo Thousand and Eighteen was a year full of bumps And lots of them came from those Washington chumpsThey shut down the government several times several ways Some shuts only took hours this one may take daysIn the midterm elections the Dems took the HouseAnd the Prez got some questions on a coat worn by his spouseWe lost special people as we seem to each yearIt just makes us treasure each one that's still hereMargot Kidder has left us she can now fly aloneAnd Penny Marshall departed to find a league of her ownNancy Wilson's great voice joined a heavenly choirAnd Aretha also donned Angelic attireNeil Simon makes angels now laugh with broad smilesWhile Burt Reynolds now logs on new celestial milesDick Van Dyke lost his brother "Jerry" no more will we seeAlong with Dick's partner the great Rose MarieSome deep internal tortures took Anthony BourdainAnd Kate Spade great designer must have felt the same painBarbara Bush we lost early George died months laterA long long love story
we have rarely seen greaterStan Lee made super heroes but few folks could explainWhy none of them came close to a real one like McCainThe Sons of the Desert lost their great founding manAnd the world is somehow smaller without the unique Chuck McCannBilly Graham has gone to the Lord he so preachedAnd the ends of the universe Stephen Hawking has reachedPaul Allen, Tab Hunter and Bochco have all moved along
Even Vic Damone is nowsinging a heavenly song.And we lost scores of others there's so many to nameBut we know that without them the world's not the sameWe saw more fatal school shootings But the survivors rebelledAnd they changed some gun laws to keep guns tightly heldThe great retailer Sears moved still closer to failAnd a judge in September sent Bill Cosby to jailAnd GE, once massive just shrivels and shrinksMaybe they should call Jack Welch just to see what he thinksWe've a major health crisis with the use of opioidsWhile Elon Musk's planning to mine asteroidsIn March Madness, Loyola almost ran the whole skeinProbably thanks to the prayers of their great fan, Sister JeanIn China the Congress thought Xi was so cleverThat they canceled all limits he can now rule foreverTrump did meet with Kim amid handshakes and smilesThree months after the meeting neither had changed their stylesSerena came back as did Tiger, somewhatWe're still waiting on Muellerjust to see what he's gotA guy named Kashoggi walked through a doorAnd disappeared in minutes he'll be seen never moreAnd vaping is growing some states legalized potA few cultural critics say could put us on the spotThere's still talk of trade wars and tariffs and suchWe know they drag on markets but we don't know how muchSo we'll cross all our fingers and a few of our toesKeep an eye on Washington we'll see how it goesLet not this year's memories of sadness or sleazeDisturb you this day just give your heart easeHave faith that this New Year will bring a new signAnd believe in yourself it will all work out fineJust lift up your spirits and some fruit of the vineAnd kiss ye a loved one and sing Auld Lange SyneAnd late Monday evening as you watch the ball fall Wish yourself all the best Happy New Year to All!!
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