You know, perhaps it was not coronavirus that was sinking the stock market. Perhaps it was the surge of Democratic presidential candidate Sen. Bernie Sanders of Vermont.
Following former Vice President Joe Bidenās killer performance on Super Tuesday, health care stocks and the market itself came roaring back,Ā Fox BusinessĀ reported.
Wednesday saw the Dow Jones industrial average climb more than 1,173 points while the Standard & Poorās 500 index rose four percent and the Nasdaq composite almost reached four percent.
MarketWatchĀ linked those changing numbers in part to fears over Sandersā āMedicare for Allā proposal.
College basketball player gunned down on Nashville freeway, police hunting for suspects
Iran goes dark as regime unleashes force, cyber tools to crush protests
Afghan illegal immigrant who stabbed sister for being ‘bad Muslim girl’ arrested by ICE agents in New York
Lawmakers warn Philly officials against prosecuting ICE agents: ‘That’s not how America works’
Newsom blasts proposed California billionaire tax but keeps door open to national debate
BREAKING: Republican House Oversight Committee to Hold Bill Clinton in Contempt
Watch: Whoopi Goldberg Attempts to Walk Back Vicious Anti-ICE Comment After Thinking It Over During Commercial Break
Trump cheers steady inflation numbers as affordability fight shapes 2026 midterm battle
GOP unveils plan to cut deficit by $1 trillion with second ‘big, beautiful bill’
Byron Donalds took large donations from CCP-linked firm despite criticism of China
Trump cancels talks with Iran delegation as death toll from protests hits 2,000
BREAKING: Trump Steps Into Iran Crisis With Direct Message to Protesters: ‘Help is on the Way’
Breaking: Positive Inflation Report Delivers Economic Win for Trump
Federal agents deploy tear gas, rubber bullets on protesters outside Minneapolis federal building
House GOP leader blasts trans athletes in girls’ sports as ‘biggest form of bullying’
CFRA analyst Sel Hardy said that Sandersā signature plan would lead āto the termination of existing health insurance plans,ā the outlet reported.
āIn terms of our overall outlook for our stocks, unless there is a major shift in market conditions, Centene Corp., UnitedHealth, Humana Inc., and Cigna Corp. are set for double-digit top-line growth in the next three years, in our view, as they continue to have strong fundamentals,ā Hardy wrote in a note to clients.
Keith Speights ofĀ The Motley FoolĀ wrote that the rise in health care and health insurance stocks is directly linked to Sandersā faltering on Tuesday.
āSen. Sanders advocates a Medicare for All program that would largely eliminate the need for health insurance. His strength in the ongoing presidential campaign caused investors to worry about what might happen with big companies including Anthem, Humana, Cigna, UnitedHealth Group, and CVS Health (which owns Aetna),ā Speights wrote.
āNow, however, former Vice President Biden appears to be the frontrunner for the Democratic presidential nomination. Several candidates have dropped out of the race and endorsed Biden, with former New York City mayor Mike Bloomberg the most recent to do so.ā
College basketball player gunned down on Nashville freeway, police hunting for suspects
Iran goes dark as regime unleashes force, cyber tools to crush protests
Afghan illegal immigrant who stabbed sister for being ‘bad Muslim girl’ arrested by ICE agents in New York
Lawmakers warn Philly officials against prosecuting ICE agents: ‘That’s not how America works’
Newsom blasts proposed California billionaire tax but keeps door open to national debate
BREAKING: Republican House Oversight Committee to Hold Bill Clinton in Contempt
Watch: Whoopi Goldberg Attempts to Walk Back Vicious Anti-ICE Comment After Thinking It Over During Commercial Break
Trump cheers steady inflation numbers as affordability fight shapes 2026 midterm battle
GOP unveils plan to cut deficit by $1 trillion with second ‘big, beautiful bill’
Byron Donalds took large donations from CCP-linked firm despite criticism of China
Trump cancels talks with Iran delegation as death toll from protests hits 2,000
BREAKING: Trump Steps Into Iran Crisis With Direct Message to Protesters: ‘Help is on the Way’
Breaking: Positive Inflation Report Delivers Economic Win for Trump
Federal agents deploy tear gas, rubber bullets on protesters outside Minneapolis federal building
House GOP leader blasts trans athletes in girls’ sports as ‘biggest form of bullying’
Speights warned that Sanders could still win the nomination, and that if he does, āhealthcare stocks, in general, and health insurance stocks, in particular, will likely be highly volatile.ā
Democrats always present an existential threat to theĀ stock market, but Sanders and his free-ride plans present an even more prominent danger than usual.
Coronavirus scares likely had something to do with the dip in the market, but it is tough not to see the correlation betweenĀ Sanders taking a poundingĀ and the market bouncing back.
It goes to show what many of us have said all along. Electing a Democrat, particularly a socialist, as president would annihilate the economy.
College basketball player gunned down on Nashville freeway, police hunting for suspects
Iran goes dark as regime unleashes force, cyber tools to crush protests
Afghan illegal immigrant who stabbed sister for being ‘bad Muslim girl’ arrested by ICE agents in New York
Lawmakers warn Philly officials against prosecuting ICE agents: ‘That’s not how America works’
Newsom blasts proposed California billionaire tax but keeps door open to national debate
BREAKING: Republican House Oversight Committee to Hold Bill Clinton in Contempt
Watch: Whoopi Goldberg Attempts to Walk Back Vicious Anti-ICE Comment After Thinking It Over During Commercial Break
Trump cheers steady inflation numbers as affordability fight shapes 2026 midterm battle
GOP unveils plan to cut deficit by $1 trillion with second ‘big, beautiful bill’
Byron Donalds took large donations from CCP-linked firm despite criticism of China
Trump cancels talks with Iran delegation as death toll from protests hits 2,000
BREAKING: Trump Steps Into Iran Crisis With Direct Message to Protesters: ‘Help is on the Way’
Breaking: Positive Inflation Report Delivers Economic Win for Trump
Federal agents deploy tear gas, rubber bullets on protesters outside Minneapolis federal building
House GOP leader blasts trans athletes in girls’ sports as ‘biggest form of bullying’
Not that Biden would be much better. He has moved to the left on many issues, including a much more relaxed stance on illegal immigration.
There is also the issue of Bidenās advanced years. If he were to pick aĀ progressive vice presidentĀ who would be a heartbeat away from the presidency, it could be another downer for the market.
Biden does not advocate a āMedicare for Allā system right now, but rest assured that is where the Democratic Party is heading.
One Super Tuesday victory by the lesser of two evils is not going to stop that train.
That is why it is important to elect not only President Donald Trump again in November, but also a Republican House and Senate to finally fix health care.
Story cited here.









