Wall Street Baffled By Slowing Economy, Low Yields: Trader

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

[Biggirl]

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.

[Erik Latranyi]

Let’s use Obama’s own words:

If Bush and Republicans drove the car into the ditch, Obama and the Democrats drove it off a cliff and stopped it in front of an oncoming 100-car train!

[Madistan]

My 401K guy says not to worry, the funds are doing good. And they have been doing ok...
So, do I cash out and buy real estate?

[Misterioso]

Just do what feels good. Like most people.

[Madistan]

I am serious, just not investment savvy. That’s why I let a large national company manage my 401K and other investment accounts.
The question stands.

[Misterioso]

A large national government is managing your 401k and other investment accounts. Ask them.

[Madistan]

yeah ok, smartass