Highlight: The opioid crisis “is really the tip of the iceberg for the pharmaceutical industry,” says ACMA Chairman and CEO William Soliman. “We need to look at some of the industry practices… that caused in part this epidemic.”
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Chairman / William Soliman
U.S. stocks have shown remarkable resilience of late, but a key U.S. yield curve has kept flattening. The gap between 2 & 10-year Treasury yields has shrunk to the narrowest level of the year, which seems inconsistent with the bullishness in stocks & risky credit.