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90 Seconds with Art Cashin: Europe Victory Lap May Be a Bit Early

Thursday, 12 Jan 2012 | 11:40 AM ET

CNBC's Bob Pisani and Art Cashin, of UBS, discuss successful Spanish and Italian bond auctions, which put a spook into the euro shorts. Cashin also comments on Draghi's victory lap from this morning, and cautions it might be "a bit early." Tomorrow's auctions, he says, will be key.