New Delhi, Aug. 28 -- There's a curious trend in healthcare stocks right now. Many believe they should go up, but they keep going down.
Think this through. Americans spend $4.9 trillion on healthcare annually, an amount larger than Germany's entire economy. This spending reportedly grows 8% every year, recession or no recession. People don't skip cancer treatments because the stock market is down. They don't postpone heart surgery because interest rates are high.
Yet healthcare stocks are down 5% this year while the S&P 500 is up 7%. Money managers have pulled $11.5 billion from healthcare funds over twelve straight months. That's the longest streak on record.
The following numbers should make any investor pay attention.
By 2033, Amer...
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