In the world of finance, few names resonate as profoundly as Art Cashin. As the director of floor operations at the New York Stock Exchange for decades, his influence extended beyond the immediate confines of the trading floor. Cashin’s annual tradition of writing New Year’s poems became an endearing ritual that not only marked the passage of time but also encapsulated the victories, challenges, and shifting tides of the financial markets and the world around us. His recent passing leaves a void that is felt across the realms of finance, family, and friendship. This homage, crafted by his sons Arthur and Peter Cashin, serves as both a tribute and a means of closure.
The custom of crafting poetry as a reflection of the year’s events represents much more than mere words; it symbolizes a legacy steeped in familial bonds and shared experiences. Arthur and Peter, faced with the daunting task of carrying on their father’s tradition, establish their commitment to authenticity by firmly rejecting the use of artificial intelligence in their creative process. This choice underscores the fundamental human element that is critical not only for poetry but for every endeavor that touches the soul. The “feeble minds” of the brothers, amidst laughter and nostalgia, strive to honor their father’s wit and wisdom through their own words, ensuring that his legacy lives on in their shared grief and celebration.
The verses crafted by the Cashin brothers delve deeply into significant global events that unfolded in 2024. From the excitement of the Paris Olympics to the grim realities of ongoing conflicts in Ukraine and Gaza, the poem captures the essence of a world in chaos while simultaneously celebrating moments of joy and achievement. They note that semblances of stability began to dissolve, with elections resulting in unexpected outcomes and the political landscape morphing continually. The brothers’ poignant commentary on social and political dynamics invites readers to contemplate the intricate interplay of local and global happenings — an element central to the financial world that Cashin navigated so expertly.
Amidst the overarching themes of global affairs, the sentimental reflections on personal loss are peppered throughout the poem. Cashin’s passing mourns not just a beloved figure in the finance community but also a father, a teacher, and a friend. The heartfelt tribute expresses the emotional weight of remembrance, noting how those we lose remain embedded within our lives and memories. This perspective sheds light on the importance of connection and continuity, reminding us that legacies live on through shared stories, laughter, and the impact left on generations to come.
Art Cashin embodied a spirit that transcended his role at the NYSE. Through his writings and personal interactions, he fostered an environment of inclusivity and encouragement. His ability to engage with people from all walks of life helped demystify the often-exclusive world of finance, showing that understanding markets was not just for the elite but a shared pursuit. As the brothers recall their father’s knack for vibrant conversations over drinks, they remind us all of the importance of genuine dialogue — the kind that shapes opinions and builds relationships.
As we conclude the year and gaze toward 2025, the Cashin brothers extend messages of hope and resilience, encouraging us to cherish those who remain and honor the memories of those we hold dear. They invite us to reflect on our collective journey, suggesting that the essence of what it means to be alive revolves around our connections, our shared stories, and the lessons gleaned from both trials and triumphs. The goodbye to Art Cashin is one of reverence — for all he represented and for the friendships he spun.
The legacy of Art Cashin will undoubtedly linger in the halls of finance, enriched by the tributes of those who loved and respected him. The annual ritual of honoring the year would not be complete without recognizing the man behind the poems—the historian, philanthropist, and soul of the NYSE. In the heart of New York and beyond, conversations will continue about market movements and social dynamics, but it’s the lessons and laughter shared by a father figure that will echo long after the last bell of the year rings. As we reflect on his life, we are reminded that in every market surge and setback, it is our shared humanity that binds us.