The Kaiser Permanente strike represents roughly 40% of Kaiser staff, and we believe that the strike will be resolved quickly, notes Lee Brown. He and Brian Tanquilut discuss how the Kaiser Permanente workers strike impacts health care stocks. Lee highlights that the strike represents the first time in over 25 years that Kaiser’s labor relations deteriorated to the point of a strike – the inference being Kaiser and its workers have historically benefited from mutually positive relationships – that’s valuable because it provides a foundation of trust and good faith as the parties seek resolution. Tune in to find out more about healthcare and the stock market today.
Trading 360
06 Oct 2023
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