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CNBC Analyst Wary of Health Care Stocks; Knocks Obama's 'Hand-Picked Audience'
NewsBusters ^ | August 11, 2009 | Jeff Poor

Posted on 08/11/2009 3:33:44 PM PDT by Rufus2007

As the likelihood of President Barack Obama's style of health care/health insurance reform has looked more and more uncertain, health care sector stocks have rallied, nearly 10 percent over the last month.

But now as Obama is showing some signs of managing his message and could be trying to make a comeback, even as polls show the odds aren't his favor, CNBC market analyst Steve Grasso is cautioning viewers to be wary of health care stocks for the time being.

...more (w/video)...

(Excerpt) Read more at newsbusters.org ...


TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS: cnbc; moneylist; obamacare; stevegrasso
I guess I need to get rid of that Aetna stock...
1 posted on 08/11/2009 3:33:44 PM PDT by Rufus2007
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To: Rufus2007
I mean, I caught a glimpse of President Obama speaking today. If they're clapping, that was a hand-picked audience. I have yet to find anyone who likes the plan.

Wow! On CNBC yet!

4 posted on 08/11/2009 3:36:50 PM PDT by livius
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To: F15Eagle
It was obviously a hand-picked audience of koolaid drinkers.

I am sure Nancy Pelosi will bitch about the obvious astroturfing.

5 posted on 08/11/2009 3:42:25 PM PDT by Always Right (The Brown Shirt Media © is coming!)
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To: F15Eagle

They weren’t handpicked. They just happened to be an audience made up entirely of charade contest winners.


6 posted on 08/11/2009 4:07:52 PM PDT by HardStarboard ("The urge to save humanity is almost always a false front for the urge to rule - Mencken knew Obama)
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To: livius

Steve’s career is over.


7 posted on 08/11/2009 4:30:01 PM PDT by Eddie01 (PSA: If you're over 50 and do cocaine, your heart is going to stop)
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To: Rufus2007

This townhall was a fraud, put on to give friends of Obama in the news media something to report on.


8 posted on 08/11/2009 4:38:21 PM PDT by popdonnelly (Yes, we disagree - no, we won't shut up - no, we won't quit.)
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To: Eddie01

“Steve’s career is over.”

Yeah, but he’ll still have the respect of honest people.


9 posted on 08/11/2009 4:39:30 PM PDT by popdonnelly (Yes, we disagree - no, we won't shut up - no, we won't quit.)
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To: Rufus2007
Free Handout/Flyer Images
Exposes Obamacare!

10 posted on 08/11/2009 6:37:09 PM PDT by Recovering_Democrat
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