Valeant Pharmaceuticals (VRX) Reflexive Behavior In Financial Markets: GSRupert Hargreaves
While all the news is about today's conference call, Goldman takes a look at last week's 'crisis'.
The 35% plunge in Valeant Pharmaceuticals is a classic example of reflexive behavior in financial markets, according to Goldman Sachs.
In a research note issued to clients at the end of last week and reviewed by ValueWalk, Goldman concludes that Valeant's plunge is a perfect example of George Soros' concept of reflexive financial markets, as described in his book, exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
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