Pharma is place to hide during recession

Photo: BloombergPremium
Photo: Bloomberg
wsj 3 min read . Updated: 15 Jul 2022, 01:20 AM IST David Wainer, The Wall Street Journal

Drug stocks may continue to outperform broader market as investors flock to industry known for weathering recessions relatively well

As pharma companies begin reporting earnings next week, investors could be excused for paying closer attention to the Federal Reserve.

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