2022 is a challenging year for the market. After battling surging inflation for the first six months, another threat is emerging with rising recession risk. Biotech stocks could be a place where investors can find outperformance given their low valuations and strong long-term fundamentals.
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2022 is likely to go down as one of the most challenging years for investors since 2008. YTD, the S&P 500 is down more than 20%, while there is equal pain in the bond market due to inflation and a hawkish Fed.
However, there are a handful of sectors outperforming over the past few weeks due to
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