Macro vs. Detailed Perspective

I'm a macro guy; that means I try to see the world from the 40,000 foot view. I look for big themes, long arcs, threads that run throughout the tapestry of the capital markets -- trying not to get too caught up by the day-to-day noise.

That's my biggest biggest peeve about financial journalism -- they do a rather poor job separating the noise from the signal. While the day-to-day action matters very little in the grand scheme of things, its often fodder for the tv channels that have an inordinate amount of air time to fill.