It looks like Wall Street thinks that Obamacare is going down.
Or, that they think it's staying up.
Law upheld = good for the insurance companies. Law struck down = good for the insurance companies. Mandate struck down, rest of law upheld = bad for the insurance companies.
Simplest explanation: When you see a 2-out-of-3 bet on Wall Street, take it.
Ugh - icky market thingy, so gross! Can't we do anything about it?
ReplyDeleteIt looks like Wall Street thinks that Obamacare is going down.
ReplyDeleteOr, that they think it's staying up.
Law upheld = good for the insurance companies.
Law struck down = good for the insurance companies.
Mandate struck down, rest of law upheld = bad for the insurance companies.
Simplest explanation: When you see a 2-out-of-3 bet on Wall Street, take it.