To the extent that they can distinguish, yes, and this may very well leave the markets performing well enough (and perhaps still better than anything else). It does necessarily add noise, however, which I understood to be the original point—it makes things less accurate.
To the extent that they can distinguish, yes, and this may very well leave the markets performing well enough (and perhaps still better than anything else). It does necessarily add noise, however, which I understood to be the original point—it makes things less accurate.