equity strategist scott wren says that's because it's going to take time for the market to digest what the fed is now saying about the economy. >> the market was hopeful that, coming in to this fomc meeting, that the fed would do something with the language, and possibly even take some sort of defined steps to inject more liquidity into the system or something. >> reporter: before the last month of trading, the dow had only experienced moderate volatility in 2011. but experts say the trading environment is changing, and investors should get used to more crazy days like today. >> typically, when you enter into the middle part of the cycle and there's questions over earnings growth and the sustainability of the recovery, you tend to have a lot of volatile trading days and really muted-to-flat returns for a period. >> reporter: experts say this market is all about uncertainty: consumer uncertainty, business uncertainty, and investor uncertainty. and those conditions won't disappear overnight. suzanne pratt, "nightly business report," new york. >> susie: so, what impact will that volatilit

but strategist scott wren says what they really want is the same thing ben bernake wants, action out of washington. >> we need to get business and consumer confidence up in the u.s. in order for this economy to get up and running anywhere close to what the long-term trend is, and i think confidence is going to begin in this particular recovery in washington. >> reporter: bernanke may want to shift the burden of fixing the economy to congress, but if the recovery continues to lose steam, economists say the fed could be forced to act, perhaps at the september meeting. erika miller, "nightly business report," new york. >> susie: so what did people in the crowd at jackson hole think of what ben bernanke said today? a short while ago i talked to one of them, fred bergsten, the noted economist and director of the peterson institute for international economics. i began by asking him if bernanke's lack of action means bad days ahead for the u.s. economy. >> no because i think chairman bernanke was laying the foundation for the fed to take some new action over the next few weeks or months. he