Fortunately, the financial markets ignored the Fed and held real long-term rates in the 4 percent range.

"We could have had an up day with the price of oil rebounding, but the market just ignored that and traded on its own."

"So far the market has ignored that possibility, but it is something I think it will have to face."

"It's typical, because the market has ignored good news for the last month," the trader added.

"The market is simply ignoring all the bad news."

For many years the market and museums virtually ignored their work.

But the markets have largely ignored the investment, most likely because it looks a lot more like debt than capital.

In the past, Japanese markets could blithely ignore foreign opinions.

The market also ignored the drop in initial claims for unemployment insurance.

"Crude oil stocks were up considerably, but the market ignored that," he said.