Analysis-US healthcare stocks roiled by investor tug of war over economy By Reuters

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 53%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Analysis-US healthcare stocks roiled by investor tug of war over economy

) is down around 2% year-to-date, one of few areas that have not joined the broad market rally, adding to its appeal among bargain hunters.

Healthcare"offers some defense in a period where the lagged impact of Fed tightening is likely to cause economic growth to contract," said Emily Roland, co-chief investment strategist at John Hancock Investment Management, who is bullish on the sector. The Atlanta Federal Reserve's GDPNow forecast model showed the economy was likely growing at a 5.6% annualized rate in the third quarter, though analysts said they expect the estimate to drop as more data comes in.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 450. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Raimondo warns China patience of US business is 'wearing thin' By ReutersRaimondo warns China patience of US business is 'wearing thin'
La source: Investingcom - 🏆 450. / 53 Lire la suite »