the problem with aca is that people here in usa are informed and no one wishes to be denied healthcare that is available to wealthy... it is the cost that is problematic.. clinton proposes to control prices of important drugs while companies bet the ranch (investors cash) on something new to stop cancer (etc) but without investment cash there would be NO such important drugs...healthcare companies cannot make plans affordable if enrollees demand the best. hospital stays have been shortened and doctors fees sharply curtailed but when people read of dramatic results of pres carters advanced melanoma treatments, this is expected to be available to all. the aca cannot do this unless gvt pays.
can you say endless deficits?
dont like to be cynical but is there manipulation in markets (prices) by sophisticated traders using fed speak to crash and trash markets, then reversing course and making huge gains.....something seems rotten in denmark. maybe its time to do it then and get off the pot.
the old economy has gone, the fed is rolling the dice caving in to the new reality with huge, just huge government debt. the reality IS that the democrat is not accountable to pay the bills....so who cares about cash that NEVER will be there. the communists last century showed the way, just take away the haves and what was left was ORWELLIAN. stay tuned, that sinking sound heard the world round is collapse of socialist thinking gone wild.....no one remains to pay for it....can you say TITANIC.
you cannot negotiate prices it is supply and demand, markets determine prices
.the fed doesnt "set the price" it determines the rate, if the rate on your treas is 5 % and markets are showing slowing growth, (no inflation, less employment, commodity selloffs, bankruptcies etc), the fed using the tool at its disposal to SPUR growth, makes borrowing cheaper and lowers rates.. this makes your 5% treas more valuable and the price goes up since YOUR yield is locked in.
if your treas rate is 2% and the economy surges, the fed hikes current rates perhaps many times thus the price on the treas you hold goes down....
bond yields will rise if markets believe growth/perceived or actual inflation/ is a threat to fed mandate. but this is not your usual fed rate rise environment, therefore, if companies are bearish on growth or earnings and look to move overseas, buy back shares or merge,, this is not a positive economic sign....therefore investors must chose, cash, stocks, or bonds, if the fed talks good employment, higher earnings thus a rate hike, and the emperor has no clothes. rates should fall. we shall see,
the uber ipo is in a class by itself, that company is a game changer. even if markets tank cash is looking for something real and surviving turbulence. there are couple other things keeping hope alive, one is the car market, the other is housing...even energy.... some companies have found ways to consolidate, improve margins and report good earnings. but. IF the fed begins its rate hike, this might be a slight bump in a road to ?, OR it might be more significant, hopefully those on the fed re read history and what set off the great depression of the century last. maybe they should not play dice with usa economy.
you must encourage those overpaid workers out in the shops so we have some inflation...walmart should be home for some of that government (taxpayer) construction cash, maybe instead of another multi story government building we get some prosperity in the private sector...or is the demand for government aid and assistance so great that all those abandoned premises seen countrywide cannot hold the overflow of applicants.
look at the price of walmart, is that not reason enough? falling knife scenario.
companies FIRST priority is to remain standing, they must merge to survive.......if the company goes out of business that would be real job destruction. the same goes for corporate buybacks.... economic growth does not exist as reality.
too bad, a great sector with limitless potential has been targeted...no matter how they 'splain their intentions the sector cannot withstand government manipulation of prices..and voters love this bashing.....these will be sold bounces now and drug discovery is kaput no matter the 'splaination.
wall street is hedged. maybe prices already reflect the bearishness. for risk taking return is important, its trading or..think value like clx..
in a bear market, even if a biotech co came out with something important, the bounce might be shortlived, strong earnings are gone in all sectors and in health area any prosperity will be targeted by gvt... but when economy strengthens risk will be on.
this is the worst rally ever seen, market manipulation of some few dow stocks to get fools to buy so smart money sells,,,,,,,,beware.