Sometimes it seems that USA stands for "United States of Amnesia."
A scandal that ostensibly kills off a candidate or company is quickly forgotten when it is replaced by a new outrage, which is soon replaced by another, and so on.
The public's short attention span combined with the 24/7 news cycle makes it imperative to invest with a contrarian viewpoint. The latest example of the madness of crowds is Thursday's bloodbath in generic-drug-maker stocks.
First, let's see what all the fuss is about.