Q: I own HHL and LIFE (two separate accounts). They aren't looking too healthy lately. What are the likely reasons? Trump, cover calls, interest rates, time of year, etc?
Thank You, Merry Christmas
Thank You, Merry Christmas
5i Research Answer:
The healthcare sector has seen weakness, largely due to worry about political moves next year. The new government is determined to lower costs and this may impact profits. Right now, it is a sentiment move but there is real concern. This has combined with expectations that interest rates will not decline as fast as expected which has resulted in more general volatility.