Really, baffled? I think maybe it would be due to unemployment, the housing & credit crisis, printing a bunch of currency out of thin air as well as a host of other ongoing issues. But I'm just a lonely blogger..Hopefully Wall Street will figure this out on their own.
-Blogging4Bullion
Wall Street Baffled by Slowing Economy, Low Yields: Trader
By: Margo D. Beller
Special to CNBC.com
Wall Street is having a hard time figuring out what to do now that the U.S. economy appears to be sputtering and yields are so low, Peter Yastrow, market strategist for Yastrow Origer, told CNBC.
"What we’ve got right now is almost near panic going on with money managers and people who are responsible for money," he said. "They can not find a yield and you just don’t want to be putting your money into commodities or things that are punts that might work out or they might not depending on what happens with the economy.
"We need to find real yield and real returns on these assets. You see bad data, you see Treasurys rally, you see all bonds and all fixed-income rally and then the people who are betting against the U.S. economy start getting bearish on stocks. That’s a huge mistake."
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