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Cashin: 'New money for a new month'

Thursday, 1 Aug 2013 | 11:55 AM ET

Art Cashin of UBS, weighs in on what's driving markets to new highs, as stocks post their best gains in three weeks. And Cashin provides his perspective on the "phony" debate about who will succeed Ben Bernanke. "I think they want to change the Yellen appointment to a Yellen anointment," Cashin added.