Biotech bounce a welcome development for Healthcare

Key Takeaways

  • Sideways consolidation still ongoing for US equities and no real technical takeaway
  • Dollar/Yen rally could bring about Japanese Equity outperformance
  • Biotech bounce is a positive for Healthcare after recent underperformance  
The short-term sideways consolidation in Equities remains very much in place and some of this stalling out in Equities is thought to be due to the recent uptick in Bond yields.  As discussed, while the 3-4 month trend for Tr...

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