Wall Street may have hit a new low today for stupid reasons that the market should go up. Maybe they are just testing the investors to see how dumb they really are. After all, when you are gambling with other people’s money, ya gotta come up with reasons for the donors to keep donating. The newest reason to do so is that the economy is really, really bad. Don’t look at me like that; I’m just reporting the facts.

The newest reports show that housing starts and prices are continuing to fall, oil is continuing to rise, GDP is slowing, jobless claims are rising, and consumer confidence is shrinking. Now if that wouldn’t make stocks go up, what would?

But it did. Why? Wall Street believes that the economy is showing so much weakness that Bronco Ben will saddle up his noble steed Hyper Inflation and with visions of Zorro, will slash interest rates with his two sided saber. Wow, are these guys reaching or what?

What say you?