The Stock Profits of Obamacare
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The Stock Profits of Obamacare
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Health Care Select Sector SPDR ETF (XLV)
by Catherine Austin Fitts
I don’t understand why the media keeps saying that Obamacare is not working and has not been good for the Democrats.
Obamacare was signed into law on March 23, 2010 and affirmed by the Supreme Court on June 28, 2102
Between March 22, 2010 and June 27, 2012, the following Health Care ETFs rose by the following percentages
Versus S&P 500 +14.2%
Health Care Select SPDR (XLV) +15.5%
iShares US Medical Devices (IHI) +41.4
iShares US HealthCare Providers (IHF) +20.1
iShares US Pharmaceuticals (IHE) +10.9
iShares Nasdaq Biotechnology (IBB) +40.9
From June 27, 2012 to date, these same Health Care ETF’s rose by the following percentages:
Versus the S&P 500 +53.1%
Health Care Select SPDR (XLV) +87.27%
iShares US Medical Devices (IHI) +76.31
iShares US HealthCare Providers (IHF) +79.7
iShares US Pharmaceuticals (IHE) +79.5
iShares Nasdaq Biotechnology (IBB) +145.0
As the single largest source of campaign contributions is capital gains, it looks to me like the Democrats should be in fine shape. Certainly, it is easy to see why the Republican house members who tried to stop Obamacare got their heads handed to them.
