Kieger Healthcare Monthly Commentary
Will they/Won’t they? The Jackson Hole meeting at the end of August and the question around slowing the pace of bond purchases spooked the market throughout the whole month (next to the Delta-variant). In such times of uncertainties Healthcare (2.8%) did what it is supposed to do: it outperformed the market (2.5%). Year to date, Healthcare (17.2%) trades now almost on par with the global markets (17.9%)