Friday, April 19, 2019

Marquette AIM Equity Student-Managed Funds Weekly Performance as of 4/19/2019



Healthcare stocks took a beating in the US for the week following stronger support for 'Medicare for All' following Bernie Sanders televised town hall event

Image result for bernie sanders medicare for all
'Medicare for All' talk spooked healthcare stocks this week

  • Healthcare companies' shares slumped after the CEO of UnitedHealth, the nation's biggest health insurer, warned about "Medicare for All" politics in a company earnings call. 
  • UnitedHealth's CEO David Wichmann said that a Medicare-style single-payer program would cause a "wholesale disruption" in healthcare.
  • Investors seem more spooked that Medicare for All, backed by Sen. Bernie Sanders and other Democratic presidential candidates, could supplant private health insurers.