Bellevue Healthcare Trust Factsheet August 2024
As the summer holiday season draws to a close and we all ramp up
to full strength in the ‘back to school’ weeks, the markets remain
ebullient. A soft landing is increasingly presumed, gently floating on a cushion of pending rate cuts.
Two consecutive months of broad-based healthcare outperformance dare us to cheer. Perhaps investors are finally looking anew at what feels like a long-forgotten opportunity outside of the obesity drug frenzy.
And so they should. Where else can one feel so confident about the
demand outlook, regardless of who wins which election or what
happens (if anything) in the vaunted transition to an AI-infused
workplace.
As long as there are people, they will get old and they will get sick.
AI might revolutionise internet search and many humdrum clerical
tasks, but it cannot change this unarguable fact.
to full strength in the ‘back to school’ weeks, the markets remain
ebullient. A soft landing is increasingly presumed, gently floating on a cushion of pending rate cuts.
Two consecutive months of broad-based healthcare outperformance dare us to cheer. Perhaps investors are finally looking anew at what feels like a long-forgotten opportunity outside of the obesity drug frenzy.
And so they should. Where else can one feel so confident about the
demand outlook, regardless of who wins which election or what
happens (if anything) in the vaunted transition to an AI-infused
workplace.
As long as there are people, they will get old and they will get sick.
AI might revolutionise internet search and many humdrum clerical
tasks, but it cannot change this unarguable fact.
11.09.2024