What a Democratic Sweep Means for Healthcare
The Democrats have won the remaining two U.S. Senate seats in the Georgia runoffs, and we expect Joe Biden's administration will seek to implement further healthcare reforms. However, with such a slim majority in the Senate, compromises on ideals espoused by the Biden campaign may be required to get healthcare legislation passed with support from moderate Democrats. With significant compromises possible in the next several months as the legislation is crafted, we will keep steady on our economic moat and valuation views until more clarity emerges on the potential changes to the healthcare ind...
Source: morningstar.com