marvin barth is the barclays head of ethics strategy. s happening in washington and what is happening in the global asset market? marvin: eli lake at the nail on the head. ?hat is the crime unless you see something that will actually threaten the government, what is the issue? what we learn from this is that trump is predictably unpredictable -- we already knew that. and this is a program that markets have been having all year. dealing with these political issues that is a totally new environment for them. guy: we priced in tax changes and all kinds of things that would come out of the administration and we have had to go back aggressively on all of that. now we don't what to think. eli: but that is the point. we thought we knew -- tax policy , stimulus. but now, all of this other stuff. herepolicy newspapers today are out of tune with how graphic the news flow has been. does this overwhelm everything? does it become a distraction? it just doesn't get done? eli: i don't think so. -- so.in: i don't think i think people have learned that th