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Isuprel

Frontrunning: May 12

  • Brazil's Rousseff undone by hubris, economic missteps (Reuters)
  • Trump’s Early Backers on Capitol Hill See Their Profile Raised (WSJ)
  • Oil prices rise toward six-month high, tightening supply (Reuters)
  • EIA says outlook for oil brightens as output disruptions erode surplus (Reuters)
  • Investors Fleeing $9 Trillion of Negative Yields Fuel Bond Binge (BBG)
  • Beaten-Up Hedge Fund Billionaires Reminisce About 'Golden Age' (BBG)
  • Hong Kong first-quarter economic growth likely weakest in 4 years (Reuters)

Where Is The Outrage: With Shkreli Under House Arrest, Drug Prices Are Still Soaring

Last September, when Martin Shkreli was doing his best to become the "most hated person in America" with his highly profiled 5000% price increase of a Turing Pharma toxoplasmosis drug, in an article titled "Dear Martin Shkreli: This Is How You Hike Drug Prices" we said hate him if you must, but not for his price hiking practices for one simple reason: everyone else does that.