Industry lobby group in washington, who said weve built our pricing for 2014 around the idea that all of the plans were going to change. So its very difficult for them, without some relief from the administration financially to make it work, and therefore, make the exchanges work. John, we appreciate it. Apologize for the audio issue we had at the very top. You couldnt hear us. Were surrounded by the traders well, today. Simon baker is here along with steve weiss, joe terranova, and stephanie link. Stephanie, on a year when the Health Stocks have done well, health care is the second best performing sector out of the s p 500 this year. Im wondering what your thoughts are, and what happens with the stocks . I dont think anything he said is a surprise. You have to expect the blame game comes out of washington on both sides. This is a mitigated disaster. The Insurance Companies budget at least a year in advance. So theyre a little offsides in the budgets. At the end of the day, i dont thin
Fail and if it is, should you leave your money there or not . S theres a big discussion, sue, about whether some of the big Asset Managers are systemically important, ie, too big to fail. Indeed. Thats been a discussion recently, ty. Well talk about that. We also are talking ate the nasdaq, pushing higher today, but its had a few lack laster days recently. So questions are being raised about whether the tech heavy index is setting up for a bigger pullback. The nasdaq is, however, still up 36 in a year and thats nothing to shake a stick at. And since that march 2009 bottom the index is up 210 . So should we cue the bear video . Perhaps. Because its cold. We picked polar bears today. Arent they cute . A number of stocks at the nasdaq already in bear market territory. What does that mean for all the other stocks there . Sheila dharmarajan is bear hunting at the nasdaq. Hey, sheila. Hey there, sue. The nasdaq is staging a little rally today, but when it comes to the tech heavy index trader
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