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Drown Out Fed Noise

 

This column was originally published on RealMoney on Jan. 31 at 8:04 a.m. EST. It's being republished as a bonus for TheStreet.com readers. For more information about subscribing to RealMoney, please click here.

The difficulty for the Fed is that a case can be made for anything.

If you listen to the conference calls of UPS (UPS Quote) and 3M (MMM Quote), both truly representative of the U.S. economy, you need an easing and you need one tomorrow.

Last week, FedEx (FDX Quote) was no different, and the same was true with Tenneco (TEN Quote) and Visteon (VC Quote). ...

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