Healthcare is a ticking time-bomb.
It is going to affect everything. Regardless of what goes on in DC and who’s controlling Congress, who’s President, etc. It doesn’t matter.
Disposable income is going get hammered.
The markets are at all time highs, forward earnings on the S&P seem “reasonable”….but the markets are not looking far enough forward.
Bears love the phrase “the next shoe to drop”. This is that shoe, but it’s not going to happen in that context.
Without going into a lot…