What’s the trade?
Althohgh you may haer Intrade say there's a 72% chance reform passes by June, or Goldman Sachs say there’s at least a 50% plus chance -- Daniel Clifton of Strategas says not so fast.
”They’re at least 4 votes short and when you talk to the rank and file they don’t want to touch this. Health care is a liability in their district.”
”I think health care dies on the vine over the next week or two,” he adds. And if this bill fails investors will see a sharp decline in hospitals and Medicaid HMOs because they’re already pricing in the benefit of reform,” Clifton adds.
Now might be the time to take a fresh look at UNH, counsels Pete Najarian.
What do you think? We want to know!
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