Meanwhile, Parker pointed to the fact that Hillary has made it clear that she wants to put caps in place for drug pricing, which he believes will be negative for pharmaceutical and biotech companies.
“On the negative side, I think healthcare is something we need to pay close attention to. Trump has said that if he’s elected he will repeal Obamacare, which could have implications on the services side, particularly hospitals and managed care that have benefited from the expand in healthcare coverage across the country,” said Parker.
In terms of who wins the election and what impact the outcome will have, Bughman commented that there is definitely a heightened level of partisanship in Washington today, while contending that it is not a new phenomenon but has become exacerbated during the last few years.
The equity specialist also added that whoever holds the presidential office is having less and less impact on real policy, however.
“We’re very much of the view that government works best when no single party is in power. The political gridlock is not necessarily a bad thing for the economy and you can just kind of let the natural forces work for themselves,” he said.
