Art Cashin turns his eye to oil, noting Rich Yamarone's observation that every U.S. recession...

|By:, SA News Editor

Art Cashin turns his eye to oil, noting Rich Yamarone's observation that every U.S. recession since 1971 has been proceeded by an advance in the price. Currently up 7% YTD against an economy already barely moving forward, oil and gasoline prices may not yet be crippling, but they're headed in that direction. (earlier)