- The general market's down day notwithstanding, investors appear to be saying one thing and doing another. Supposedly, the market has become less sensitized to President Trump's populist rhetoric about high drug prices and how his administration intends to attack the "problem." Today's sell-off indicates that quite a bit of sensitivity remains.
- Representative tickers: (IBB -1.4%)(BIB -2.7%)(CNCR -4.4%)(ARKG -3.7%)(PJP -0.9%)(PPH -0.4%)(IHI -0.4%)(XHE -0.6%)(BIIB +1.7%)(AMGN -0.5%)(GILD -1%)(ABT +0.3%)(PFE +0.5%)(MRK)(BMY -0.4%)(GSK +0.4%)(VRX -0.8%)(AZN -0.1%)(TEVA -1.7%)(AGN +0.1%)
- Previously: President Trump has not forgotten issue of high drug prices (March 21)