Macro
Search catalysts, news stories, and pressures, or browse the trust-weighted news feed below.
month values ▾
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|
| +0.30 | +0.20 | +0.30 | +0.10 | +0.10 | +0.20 | +0.10 | +0.07 | +0.00 | -0.10 | -0.10 | -0.20 |
GLP-1 leaders (Lilly hitting record value) kept me euphoric early, but managed care melted down under Medicare Advantage rate cuts and rising medical costs, the Change Healthcare cyberattack disrupted the system, and Medicare's first negotiated drug prices bit;
How this mood is scored ▾
The Biden administration revealed negotiated prices for 10 high-cost Medicare drugs, projecting $6 billion in savings for the program and $1.5 billion in out-of-pocket savings for enrollees by 2026. The move, enabled by the Inflation Reduction Act, marks a shift in U.S. drug pricing policy, setting a precedent for future negotiations with major pharmaceutical companies including Merck, Eli Lilly, and Johnson & Johnson. While patient advocates applaud the effort, the industry warns of reduced innovation and ongoing legal challenges.