Trader: ‘Virtually No One Cares’

Former trader Richard Breslow is out with his latest daily missive and if nothing else, it's useful in terms of helping everyone keep perspective. Basically, Richard wants you to focus on the data but as he correctly acknowledges, "numbers have more and more immediate effect with little lasting impact." That's a symptom of a world where central banks are in constant communication with markets. There's no utility in forming a long-term view on anything and that, in turn, is one of the main reas