"Instead of being able to analyze and evaluate market forces, then make informed judgments and take rational actions, Wall Streeters are left to guess what the FOMC members are thinking. Worse, the members’ thinking is vacillating, and they are overriding their previous statements, seemingly by whim. The end result, ironically, is Fed-induced uncertainty, volatility and risk — the opposite of what the Fed should be doing."
Right after I posted this there was a Forbes response to the article that began the thread: How The Fed Fostered The Oil Glut And Price Drop - Wall Street Losing Patience. Funny but is sure seems to me that blaming the Fed for everything is sounding more and more like how everything got blamed on Bush. The real problem of course is as always the left's war on business.
That politicization is typical of centrally planned economies like America (I never thought I’d type that).