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For decades, Art Cashin, UBS’ director of floor operations at the New York Stock Exchange, would write a New Year’s poem to reflect back on the year’s events. With Cashin’s passing earlier this month, his sons, Arthur and Peter, sent this homage to their father:
Some Other Cashins’ Comments: An Homage PresentationDecember 30, 2024
by Arthur Cashin III and Peter Cashin
In 2024,Wall Street stopped in fear.No more annual poemswithout Arthur here?
My brother and Isaid, “Let’s give this a try,”but with one precondition,there would be no AI!
Genetics or environment,we share his same vice.So, we joined our feeble minds,while marinating some ice.
Paris hosted the Olympicsand chose to begin,by having the openingfloat down the Seine.
A container ship took outthe Francis Scott Key.The world wondered if Putindid same to Navalny.
The ruler of Syria,al-Assad is now gone,but in Ukraine and Gaza,the wars still carry on.
‘Round most of the world,incumbents lost reelection.Here in the U.S.,45’s now 47.
Wall Street continuedits historic bull run.And with the help of Wegovy,the world lost a ton.
Taylor Swift can go home.Eras came to an end.But only on the fielddid Travis’ knee bend.
Boeing’s labor strifepaused the 737.They also left two astronautsbetween here and heaven.
Some finance greats areno longer among us.We lost Jim Simons andHD’s Bernie Marcus.
We lost the deep bassHollywood counted upon.The voice of Mufasaand Vader is gone.
The choir of angelsgot a whole lot betternow that Cissy and Whitneyare singing together.
Arlo Guthrie’s old muse,she has a new haunt.Alice Brock is in heaven,at a new restaurant.
Toby Keith and Kristoffersonclimbed that heavenly stair.Now jammin’ with Buffett,must be 5 o’clock there.
Phil Donahue is up there,booking new guests.Wonder if Dr. Ruthwill be on his stage next.
A remake of “Tootsie”seems not to be far.Dabney Coleman was joinedby the great Teri Garr.
Whitey Herzog submittedhis final all-star roster.With Rose, Mays and Cepeda;not a single impostor.
Lou Carnesecca now coachesa team that’s the best,with players like Mutomboand Walton and West.
Zagallo and Beckenbauer,both Of World Cup fame,will rejoin greats like Pelefor a quick pick-up game.
Remember that sound biteyou’d hear without fail?We no longer have the voicewho said: “You’ve got mail!”
A poet laureate left us,as they eventually would.We can’t overlookthe great Charles Osgood.
And we would be remissnot to share why we’re sad.This exercise brought memoriesof our dear old dad.
To others, he was Arthur,Mr. Cashin or Chief.But he was our fatherand we share now our grief.
You knew him ashe wanted to be:Historian, philanthropist,soul of the NYSE.
If he joined you for drink,you should have been flatteredand talk markets or politics,or things that truly mattered.
From comments to speeches,writing was his art.But was he as funnyas the late Bob Newhart?
An Xavier alum,a true Jesuit scholar.Of his alma mater, there was no one prouder.
Were it not for Ray Charlesor voters in Jersey,you never would have seen himon CNBC.
So as this year endsand you look to ’25,we offer two tipsto help you survive.
Cherish those still here.Remember those you miss.From the Cashins to yours,all the best is our wish.
Begorrah, menorah,Lanza and Kwanzaa,May your New Year be filledwith true abbondanza!
And as the ice meltedin each of our glasses,we knew if Dad read thishe’d kick both our asses.
Rest in peace, Dad.
Art Cashin also traditionally led the annual singing of “Wait ’till the Sun Shines, Nellie” with current and former NYSE members on New Year’s Eve. On Tuesday, the sons will lead the singing at 1:45 p.m. ET and ring the bell to close out the year.
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