Have we hit “Platypus Bottom?” UBS analyst Art Cashin thinks so. He coined the phrase this summer during an interview with CNBC. A platypus bottom is an “unfamiliar bottom,” he explains. What? Well, platypuses are waddling contradictions — the only mammals to lay eggs, breathe air and spend a lot of time under water. Cashin concludes: “The recent action has many conflicting and paradoxical signs related to bottoms” — circuitous but interesting.
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