Tech/Telecom/Healthcare vs. Financials/Energy/Materials as % of Global Equities Should long-term investors consider buying the dip in sectors such as Financials, Energy, or Materials? Image: BofA Global Investment Strategy
Healthcare Flows Inflows to healthcare are strong. Should investors consider sticking with healthcare funds? Image: BofA Global Investment Strategy
Performance – World Technology vs. Healthcare Is it the end of the FAANG bubble? Image: BCA Research
Tech + Healthcare Flows Outflows from tech and healthcare persist. Image: BofA Global Investment Strategy
Health Care Stocks – Health Care Sector Excess Returns vs. S&P 500 Around U.S. Presidential Elections The health care sector tends to outperform after Election Day. Image: Goldman Sachs Global Investment Research
Health Care Sector Excess Returns vs. S&P 500 Around U.S. Presidential Elections The health care sector tends to underperform through U.S. presidential elections, due to uncertainty about future government policy. Image: Goldman Sachs Global Investment Research
Tech and Health Care as % of S&P 500 Market Capitalization The tech and health care sectors have led the U.S. market higher, but now account for nearly 55% of the S&P 500’s capitalization. Image: BofA Research Investment Committee
S&P 500 Tech and Health Care + Amazon + Google vs. S&P 500 Excluding Tech and Health Care This chart highlights the outperformance of S&P 500 YTD (tech and health care + Amazon + Google) vs. S&P 500 (excluding tech and excluding health care). Image: BofA Global Investment Strategy
S&P 500 Market Capitalization Weight of Info Tech, Communication Services, and Health Care Info tech, communication services, and health care sectors now account for 52% of the S&P 500 market capitalization. Image: Goldman Sachs Global Investment Research
Tech and Healthcare Flows Where the money is flowing? Into tech and healthcare funds, so far. Image: BofA Global Investment Strategy
U.S. S&P Health Care Relative to S&P 500 This chart suggests that health care stocks are expected to outperform further. Image: BCA Research