Many of the sectors that dropped were attributed to problems in Europe. But there were two sectors with very big changes. One moved down big and the other moved up big.
Health Insurance Companies tanked and Hospital stocks rose. It should be no secret to anybody with a brain that solidifying an Obama presidency (thus solidifying the future of the Affordable Care Act) would have these implications.
So what do you think about wall street telling us that Obamacare is bad for Insurance companies and good for hospitals?
Tag Archive | "health insurance companies"
When The Market Dropped Yesterday After The Election?
Posted on 10 November 2012.
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