In poker there is something called a "tell" ... a twitch or tick that lets your opponent know you have a good hand. The stock market is often a tell for what is going on in Washington. When Obamacare became law, the healthcare insurance stocks rose. Now with the "repeal" of Obamacare these stocks have gone up again ... see: CNBC Story.
What does this tell us about this attempt to fix things? Are these middlemen going to be squeezed by this new law? Or perhaps they have helped write this Obamacare replacement?
No comments:
Post a Comment