FYI: The average stock in the S&P 500 is up 2.3% year-to-date. But the average stock in the Russell 3,000 — an index that is made up of 98% of total stock market cap in the U.S. — remains down 2.3% YTD. That’s because mid-cap and small-cap stocks haven’t quite made up the losses they experienced to start the year as much as large-caps have.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/health-care-weighing-on-markets/
Comments
Does anyone want to make a prediction on the state of healthcare this time next year?
I would like to make certain that I am understanding you correctly.
Are you actually saying that healthcare stocks are lagging the S&P 500 because of uncertainty that the Republicans created by trying to repeal Obamacare over 60 times?
There were also other warnings that healthcare might become a risky investment:
http://www.nytimes.com/2016/02/03/business/drug-makers-calculated-price-increases-with-profit-in-mind-memos-show.html?_r=0