90 Seconds with Art Cashin: Confidence is Back

Wednesday, 11 Apr 2012 | 11:40 AM ET

CNBC's Bob Pisani and Art Cashin, of UBS, discuss the day's sudden revival in confidence. Overnight, the ECB said Spain was doing a good job and that caught the shorts and the nervous Nellies sideways, he says. The yields also started to go down in Spain and Italy.