The Usual Blockages
Last week we announced that healthcare stocks are finally showing some strength in light of Obama’s confidence that he can begin to pass healthcare reform bills this year. In light of this confidence, however, David Plouffe is quick to point out that there is ample resistance to these ideas and they are very much in danger of being “swiftboated.”
The fact that these massive funds (TheHill reports “millions” of dollars) are being aggregated to combat healthcare reform is significant, but it is nothing earth-shattering and is unlikely to do more than delay the coming reforms.
We are in the process of creating an Obama healthcare portfolio to monitor some of our favorite stocks in this sector.
Posted: May 19th, 2009 under Healthcare, The First Year.
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