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Stocks give back most gains after Paul Ryan delays news conference
Source: CNBC
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Read more: http://www.cnbc.com/2017/03/23/us-markets.html
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Stocks give back most gains after Paul Ryan delays news conference (Original Post)
mobeau69
Mar 2017
OP
Wall Street is salivating over the massive tax cuts to the wealthy When the ACA is gone.
displacedtexan
Mar 2017
#3
You realize that a lot of equities are held by institutional investors...like Unions?
brooklynite
Mar 2017
#4
I realize that, and I realize also that most of the health insurers are not for
still_one
Mar 2017
#7
still_one
(92,116 posts)1. gee, you mean Wall Street was hoping the bill would pass so more people would
suffer. Surprise surprise
mobeau69
(11,140 posts)2. No, but corporate America was/is.
WS just wants to make money on stocks.
still_one
(92,116 posts)5. The assumption was that it would remove the ACA requirement that
companies over a certain number of employees would not have to offer health insurance, and that would be good for business
It is a BS argument. Companies that offer their employees better benefits, have better productivity, and loyalty
displacedtexan
(15,696 posts)3. Wall Street is salivating over the massive tax cuts to the wealthy When the ACA is gone.
Several million dead people aren't even on their radar.
still_one
(92,116 posts)6. That is a big factor
brooklynite
(94,489 posts)4. You realize that a lot of equities are held by institutional investors...like Unions?
still_one
(92,116 posts)7. I realize that, and I realize also that most of the health insurers are not for
the republican plan. However, a good number on Wall Street want the tax benefits they believe the republican plan will bring them.