Our Outlook for the Health-Care Sector
Health-care spending is likely insulated from larger economic bumpiness.
As the general market has fallen in the latest quarter, so too has the entire health-care sector. Further, growing fears of the U.S. entering a recessionary period have also cast a pall on the larger market, and we expect the forces buffeting the entire market will likely send some reverberations through the health-care arena.
Debbie Wang has a position in the following securities mentioned above: AMGN, MNT, NVS, PFE. Find out about Morningstar’s editorial policies.