The “Press Conference Panic”: Why Trump’s Latest Speech Just Wiped Out Pharma Stocks
If you had heavy exposure to the healthcare sector in your portfolio yesterday, your stock ticker probably looked like a crime scene. During a highly publicized press (panic) conference, President Trump launched a blistering attack on the pharmaceutical industry, reviving his “Most-Favored-Nation” pricing rhetoric and threatening massive new tariffs and price caps on drug manufacturers. […]
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