Health care has long been viewed as a defensive sector compared to the broader market when a potential economic downturn is looming. There were sound reasons for this -- many health care services had relatively inelastic demand and they were insulated from the effects of any global trade ... READ MORE >
business cycle
Business decisions at the end of economic expansions
Timing is everything The U.S. economy is signaling that the decade-long business cycle upswing following the global financial crisis and the Great Recession is nearing – or might have already reached – its apogee. This should be recognized as neither good news, nor a surprising development, given the ... READ MORE >