Playing The Massachusetts Special Senate Election
With all eyes glued on Massachusetts' special Senate election, whose outcome will have direct and indirect repercussions on both narrow and broad economic policy, the one most immediate impact will likely be on healthcare stocks, due to the potential gridlock that would result in healthcare reform. Goldman notes that should the surprise Republican win occur, as is now broadly expected, the sectors that benefit the most in the short-term will be managed-care and large-cap pharma, hospital stocks would be "under pressure" while general volatility would increase in the healthcare sector.
Tuesday, January 19, 2010
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