What Are They Investing In?
This graphic showing the stock gains made by six health insurance companies after President Obama’s healthcare speech is interesting fuel for contemplation. What is it that has attracted investors’ interest?
- The possibility that health insurers are moving toward becoming another category of government-backed business?
- The possibility that consumers will rush to acquire plans that will be grandfathered into the healthcare “reform” (if only for a few years)?
- The likelihood that the Democrats’ plan will accomplish nothing so effectively as preserving the dominance of a handful of leading corporations
I’m going with (d), all of the above.