One analyst complained that Yellen was 'winging it' and was 'not helpful'. Exactly. (Image by Unknown Owner) Details DMCA | In her comments today, Yellen showed a sensitivity to the economy as real people experience it: mortgages that are hard to get, businesses that arenĂ ‚¬ „ t investing, Ă ‚¬Ĺ"kids shacking up with their familiesĂ ‚¬ ť, people dropping out of the labor force because they canĂ ‚¬ „ t find jobs. This is a sensible view - a view of the economy with a real and human face - but Wall Street hates that. Wall Street thrives on numbers. It believes the highest and best use of the Federal ReserveĂ ‚¬ „ s time is coddling the financial world. The Fed is no longer coddling. It is cutting its Wall Street-centric stimulus program, called quantitative easing, and itĂ ‚¬ „ s ending its cheat sheet for traders. |