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Healthcare stocks soar after joe biden condemns medicare for all

May 27, 2019

Healthcare stocks are soaring right now, and CNBC’s Jim Cramer believes that it has everything to do with Joe Biden’s recent statements about not supporting Medicare For All. And there’s a good reason to believe this. Before Biden announced his run, healthcare stocks were tanking as Democratic candidates were all promising some form of Medicare for All (with some offering half-hearted proposals, but still enough to scare health insurance companies.) Ring of Fire’s Farron Cousins explains what’s happening.

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