I am just curious to hear from any analysts in the healthcare sector and their view going forward on this sector.
https://www.etf.com/PSCH#overview
As an example the PSCH has had a good run this year in small cap US healthcare and wandered if any analysts have factored in further upside for this sector in SPX.
With equity markets looking a little uncertain and choppy how effective is healthcare as a defensive stock during recessions? Naturally I would expect nothing can survive volatile corrections as Beta play becomes the major theme but on the whole would healthcare be an interesting sector to look at in current market environment?