Health Care Sector Bull Is Back: BCA Research

Aided by a dip in the U.S. dollar and a temporary rebound in inflation expectations, the health care sector is slowly reclaiming lost ground, according to BCA Research. However, David Abramson and team said in their June 27 research piece titled “Sticking With The Broad Trends” that they believe health care facility equities may become the odd man out in the overall health care sector bull market.

Health care sector bull market is resuming

Abramson and colleagues point out that the relentless decline in global government bond yields is signaling that optimistic growth forecasts are vulnerable. They note that non-cyclical sectors made a concerted turnaround effort about one...