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As the world gears up once again for a flu pandemic that may or may not arrive (it actually seems possible this time), we might want to remember some of the lessons of the last flu scare. One of these is that there are winners as well as losers in every high-profile outbreak of infectious disease. First and foremost among them, of course, is Big Pharma, which can always be counted on to have its hand out wherever human misery presents an opportunity to rake in some cash.
- Mike Rivero
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Kevin Warsh: The markets have been absolutely spoiled by the Federal Reserve and its accommodative monetary policy since the depths of the 2008 financial crisis.”alexmark
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