Fisher Investments’ Founder Discusses How Midterms May Affect Health Care and Tech Stocks

Fisher Investments’ founder, Executive Chairman and Co-Chief Investment Officer Ken Fisher says fears over regulatory threats to Health Care and Technology companies are likely overblown. Ken believes the upcoming US midterm election will almost certainly result in added Congressional gridlock, which lowers the likelihood of passing big, controversial bills.

As the political campaign cycle heats up, Ken says only smaller, less controversial bills with the ability to garner bi-partisan support in the Senate will likely move forward prior to midterms. He believes there may eventually be regulatory risk for the Health Care and Technology sectors, but not until political gridlock subsides—which is likely a long ways out.