Becker's Healthcare January 6, 2025
Healthcare stocks begin 2025 with headwinds and election-driven uncertainty compounding an already tough market.
And election jitters aren’t entirely to blame for the volatility, The Wall Street Journal reported Jan. 6.
President-elect Donald Trump’s appointment of industry skeptics like Robert F. Kennedy Jr. to lead HHS has spurred selloffs across hospitals, pharmaceuticals, insurers and biotech. Anticipation of a Republican crackdown on Medicaid and the Affordable Care Act add to motivation for selloffs.
But the election isn’t the sole driver of healthcare’s slump. The sector has underperformed the S&P 500 for two years in a row, trailing by 22 percentage points in 2023 and another 20 in 2024, according to theJournal. Goldman Sachs data reveals significant outflows from...
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