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When Listening To CNBC This Morning, Goldman's Top Trader Had A Thought...

Tyler Durden's Photo
by Tyler Durden
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When listening to CNBC this morning, Goldman Sachs head of hedge fund coverage, Tony Pasquariello, heard a comment that sparked a thought. 

In his words, it spoke to both the challenge and the importance of separating daily political noise from the terminal performance of assets

I’m not saying that there isn’t an immense tactical interplay between changes in government policy and the LOCAL movements of markets -- of course there is, simply witness the path of currencies over the past two days.

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