ASX 1.04% $61.37 asx limited

biotech safe havens

  1. 182 Posts.
    Nobody seems to mention biotechs (particularly those with near-term earning prospects) as potential safe havens. I noticed with last August's mini slump that some were almost untouched or recovered quite quickly. Even if a recession hits the west will still continue to be afflicted by cancer, diabetes, arthritis etc associated with a large and aging population.
    Any thoughts?
 
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