Mylan hands us a perfect example of the dangers of living in an over-regulated society.
It is often said that our political choice is a choice between the lesser of two evils; this year that seems especially the case. Both candidates have been accused of being lose with the truth. I think New York Times columnist David Brooks said it best when he said that we seem to be living in a post-fact era.
Recapturing the glory days: This political theme is driving decisions everywhere. People don’t like the post-economic crisis world and they want to turn back the hands of time. The people of Great Britain want to be free of the EU. What will be the real impact?
When I was young my Mom always told me, “If you don’t have anything good to say then don’t say anything.”
Markets are unpredictable in predictable ways. This malaise which set in at the beginning of this year just won’t go away. Even with the benefit of some positive days and even weeks, this selloff isn’t over yet. And it won’t be over until we get a capitulation.
