Wall Street Baffled By Slowing Economy, Low Yields: Trader

http://www.cnbc.com/ ^ | June 1, 2011 | Margo D. Beller

[Opinionated Blowhard]

More evidence that “Wall Street” is not that smart and explains how they could be stupid enough to support Comrade Obama. Did they really think the economy would recover with a mountain of debt and new regulations? With an administration that is more hostile to business than any in decades? An administration that is actively trying to drive up the price of oil to support its pet “Green” initiatives? Wall Street proves yet again just how wrong and shortsighted it is.

[Flavius]

That explains a lot.

If they are clueless , makes it amazing they make 75% of all profits on the racket

[DeaconRed]

"WALL STREET BAFFLED . . . . .

What took them so long?

[Flavius]

Must be that ivy league smugness of g peoples we b puzzled as y’all common folk

[JLAGRAYFOX]

POTUS Obama and his Democrat Party have killed the goose that lays the golden egg, just as he has planned all along. The American people have done this to themselves, so.....please no complaints from the peanut gallery!!!

[New Jersey Realist]

People will eventually realize (hopefully before Nov 2012) that Obummer is a no good, rotten POS that should be hog-tied and hung upside down for the traitor that he is!

[Signalman]

POTUS Obama and his Democrat Party have killed the goose that lays the golden egg, just as he has planned all along. The American people have done this to themselves, so.....please no complaints from the peanut gallery!!!

Exactly. Anyone who voted for Obama has no right to complain if they're losing money on their house, their investments etc.

[marshmallow]

No, I don't want to sign up for your damn Ponzi scheme.......excuse me, stock market.

You can keep your worthless stocks.

[rokkitapps]

In hindsight, if they were going to bail out the banks, they should have just bailed out individual homeowners - bails out the banks, but keeps property values up because they are occupied. No one wanted to do that because they didn’t want their neighbor getting a free house. Well now the bank got the money anyway, the home owner couldn’t pay and lost the house anyway.

[meyer]

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.

I find it hard to believe that "Wall Street", et. al., can't figure out why the economy is sputtering. It's the commies, stupid!

[AngelesCrestHighway]

Wall Street baffled by slowing economy?....They don’t know what to do with your money?....Oh! Oh!....I wonder if they knew what to do with all the taxpayer money they were handed. I think so. I wonder who will be left holding the bag? (sarc. extreme)

[YHAOS]

“Baffled”, huh. Really?! LOL

[RC one]

The problem is obvious as is the solution. We clearly need more smoke and bigger mirrors.

[Reeses]

Mainstream media baffled by unexpectedly slowing economy, call for more socialism and bigger government.

[Outlaw Woman]

There must be some real dipsh*ts that work on WS these days. There was a time when WS was considered conservative.

[mo]

“Wall Street is having a hard time figuring out what to do...”

Its really quite simple. Part of the problem is the misconception that “Wall STt” really has, or for that matter, should have anything to do with it.

Main St is the American economic engine. All Wall St can do is help or hinder Main St. Wall St is in bed with the Feds, the single biggest impediment to Main St.

Until Wall St figures out their bread and butter is on Main St...and joins forces with Main St to be sure the Feds detax, deregulate and get outta the way...nothing happens in the USA.

[Jewbacca]

They’re not baffled, at all.

The reporters, however, are baffled.

[AdaGray]

Baffled? Wall Street has become increasingly divorced from reality over the past 20 years. Market movement today has little to do with long term investment and everything to do with the mood of the moment. Investors have taken a back seat to traders who don’t seem to notice or care that the vast majority of main street Americans are not doing well at all.

[CowboyJay]

In an economy where 60-70% of our output goes to support our government and banking/finance sectors, what should be truly baffling to Wall Street is that we still manage to have an economy at all.

Welcome to the fiscal zombie apocalypse.