The Supreme Court's highly anticipated ruling on the
constitutionality of "Obamacare" will rattle the stock and bond markets
every bit as much as it shakes up the 2012 presidential contest.
With Americans spending nearly $2.7 trillion a year on medical
treatments, health care accounts for 18% of gross domestic product and
12% of the Standard & Poor's 500. In other words, chances are good
that your investment portfolio will be affected by the high court's
decision.
It looks like the ruling will be handed down the week of June 24, the
end of the court's current session. A decision either way could give a
broad lift to the health-care sector in the short term, because it would
eliminate uncertainty. But soon after, the stocks of various types of
companies within health care would most likely follow separate courses.
Regardless of whether the law is upheld or struck down or modified, some
stocks will get clobbered, some will pop and others will barely budge.
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