Walgreens Boots Alliance Inc (WBA)

[big-yank]

Good morning, everyone! On the topic of ACA, I guess the real question is will it get repealed? AARP put out a really balanced analysis awhile back which concluded that Obamacare was extremely helpful both to retirees and especially to those looking to retire earlier than age 65. At first blush you would think that having coverage for 30 million new patients would be attractive to everyone in the healthcare business. That would be true EXCEPT that ACA promises to kill off a few Holy Grails as it is implemented.

The big insurers hate it because it allows for bidding to lower cost. Doctors hate it because it caps reimbursements for procedures. The one percenters hate it because it will tax their deluxe benefit perks. And many small business owners hate it because it forces tham to cover employee counts above 30 workers and they don't want to spend the money. Last and most important, Republicans hate it because Obama drove it through Congress, and because their big lobbying, PAC and campaign donor constituency is comprised largely of the previous groups I mentioned.

I personally think ACA was long overdue and a terrific first step in the right direction towards wellness for everyone. It is not perfect. It could stand some changes which will happen over time... unless the RNC succeeds in killing it.

This election is just too close to call... or to choose investment candidates based on its outcome. At least for me.

GLTA,

Yank

p.s. Joe Biden rocked the house!