Techdamentals
Oct 2, 8:14 PM
$IBB
Large-cap biotech earns money today, which makes it a different animal from the pre-revenue end of the sector. Less a bet on rates, more a bet on health care itself.
Which is worth knowing, because a lot of US health care revenue is a federal budget line. Medicare and Medicaid don't only pay for care, they set prices for it.
That makes a reimbursement vote a pricing decision.
https://techdamentals.com/newsletter/why-health-care-is-most-of-job-growth?ref=st
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