Investors eye discounted U.S. healthcare sector as Biden's lead in polls grows

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A victory by Joe Biden over Donald Trump on Nov. 3 and a potential Democratic takeover of the Senate could clear the way for prescription drug price and healthcare coverage reforms, generally seen as potential negatives for companies in the sector

A Reuters/Ipsos poll on Sunday showed Biden opened his widest lead in a month after Trump contracted COVID-19.

The gap between the sector’s P/E ratio and that of the S&P stood at its widest in at least 25 years last month, though it has narrowed in recent weeks. While Biden may shake up insurance coverage by offering a “public option” government plan, he is also expected to seek to strengthen the Affordable Care Act - the signature healthcare law enacted when he was vice president - under which companies are used to operating.

 

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IN YOUR DREAMS! IF YOU THOUGHT CROOKED HILLARY LOST BIGLEY, JUST WAIT AND SEE HOW BAD JOE AND DA HO DO. I DOUBT THEY GET 130 ELECTORAL VOTES!

It's time!

oh no

While if Trump gets re-elected we will see continued economic chaos as he capriciously adds new tariffs that hurt and isolate the US and threatens national security with unilateral withdrawal from treaties.

oh, is Biden pushing for favored nation status pricing? thought it was the other guy...

OPM Empty Register Social Security Administration is Approving Dept 'Drawing Treasury Income' 55yrs old 37yrs Payroll Tax DD-214 Records Paid-Out Payroll Dollar: 1) Registered Payroll Tax 2) Registered Payroll Gov Retirement Fund 'Double Dipping' DD-214 Gov Service Reg Empty

A win by Biden would mean Obamacare. Like how everybody talks about how good it is. Talk to the people that are forced to get it and can’t afford it. Unbelievable high prices and not good Ins. Try it see for yourself

And yet, the president’s job is to do what is best for the people and not the big pharma and health insurance corporations! Corporal said aren’t people!

Oh no you mean the wrong vote could be seen as a negative for a price-gouging pharmaceutical company, now I'm really torn

A victory by Kamala Harris and her minion Joe Biden would clear the way for Marxism. We don’t want none of that:

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