If Biden Wins, health care stocks may rise, but not as much as with a Trump second term, US Bank says

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Uncertainty has been roiling the financial markets for much of this year as the\ncoronavirus and COVID-19 pandemic rages. Added to that uncertainty is the outcome of the presidential election\u2014and...

coronavirus and COVID-19 pandemic rages. Added to that uncertainty is the outcome of the presidential election—and health care and health facilities stocks are not immune.

In addition, the Democratic nominee's proposed expansion of the Affordable Care Act and Medicaid, as well as lowering the age for Medicare eligibility to 60 from 65, could benefit managed care industry players, according to the report.Investors hope to make money in all situations. .In the year following a presidential election, stock market returns tend to be slightly lower, U.S. Bank analysts found.

Also known as Part C or MA Plans, Medicare Advantage, an alternate to original Medicare, is offered by private insurance companies approved by Medicare.Wes Crill, a senior researcher at Dimensional Fund Advisors, said elections play only a small role in considerations for investors looking to forecast where markets will go.

Events such as the global COVID-19 pandemic, the actions of other world leaders, inflation and interest rates, in addition to the president, affect market prices and investor returns, he said. For Trump, stock investments worth $100 on November 8, 2016 increased in value to $159 as of June 30, 2020.

 

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Boo Hoo we will not miss the gouging all these health insurance companies do. They’re parasites on the economy.

Wow!😳..smh

You say that like it's a bad thing

yeah less dead people tends to mean less profit for those blood suckers

Newsweek insist on amplifying anything remotely negative about Biden and Dems....

Fuck the banks

More of a reason to not vote for Trump.

Canadian Healthcare Facts: equal outcomes, half the cost per capita, everyone gets coverage.

Taking care of ppl so the don't die of Covid is MORE IMPORTANT than conglomerate health care companies making billions killing ppl

Healthcare should not be for profit. That’s exactly what’s wrong in this country.

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