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J. powell, we are flying blind here. he didn't use that exact term, he more or less said there is mo precedent for where we are today. so it's bobble that we could see a rate cut and it would pow dwrie market a little bit. it's possible stocks would be be flat or fall and markets would start to get worried, oh, wow, we're at the end of the fire power here that the fed has, what else is in the kitty? the answer is nothing. it's also possible that you could see them hold and not cut rates and that would, inturn, ska irthe markets. right now, i have been saying this for years, the markets are tot...

Be prepared as a culture, as a society at the conclusion of all the investigations that will take place with regard to this incident to accept the fact that there was very little we could do. if we are going to start, you know, doing something about people who walk around talking to themselves, that's an enormous number of people. i see multiple numbers of people, we aldo, walking around new york city. >> but it doesn't mean you have to give them security clearance. >> no. obviously. harold i want to get your take and we have brian shactman up too on the fed action. on the front page of ever...

Dollar, it means 2 cents for you and me at the pump. you mentioned at the beginning, they have been on a roll and they have. we would hate to see that undone. >> that is really the wild card for both if economy and markets. >> really, fed action and oil, those are the uncertainties. >> yeah, they are. they are. they're two big ones. i mean, for the fed, they have to come in and scale back on this big program they have been in for a while. >> that will mean interest rates will go up for you and me, on mortgage, on borrowing, you know, that is for sure something na slows down the consumer who ha...

Fed as impacting the destination to a good outcome and it is not in control of the destination, that needs help from washington and the rest of the world. >> austan goolsbee, washington is something that the federal reserve chief announced this week or mentioned this week. the fed chief planned to keep dumping money into the market, $85 billion a month and ben bernanke blaming slow growth on washington. what is holding things back here? >> the main thing that's holding things back is we're recovering from a savage financial crisis based recession, and so the normal mechanisms of v-shaped recov...

Well, that's what trade architect's heat maps do. they make you a trading assassin. trade architect. td ameritrade's empowering web-based trading platform. trade commission-free for 60 days, and we'll throw in up to $600 when you open an account. >> shepard: seems all that excitement investors had last week has worn off after the fed action. the dow fell 40. nasdaq and s&p both down 5. last week the indies cease