Wednesday, January 20, 2010

and the results are in

the stock market thinks health care reform is dead.

via the associated press:
Health stocks boost Dow to 15-month high

The stock market rebounded as traders placed bets that the outcome of an election in Massachusetts would make it harder for President Barack Obama to make changes to health care.

Rising health care stocks led the market higher as the prospect of a logjam in Washington eased concerns that profits at companies like insurers and drug makers would suffer.

1 comment:

  1. And in all of this it seems to be forgotten that we're talking about people who can't afford to see a doctor when they're sick. Profits are held in higher esteem than life.

    What a sick, sick culture.

    ReplyDelete

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