The healthcare sector has been a massive laggard globally, but this has started…

The healthcare sector has been a massive laggard globally, but this has started to turn | Herald NOW <!--mynz:youtube-chapters--> {"v":1,"chapters":[{"timeSeconds":1,"label":"Healthcare Sector Showing Signs of Life","summary":"The healthcare sector, which has been a laggard globally, is now showing signs of life. This comes after a period of pressure on gold and crypto due to a strengthening US dollar."},{"timeSeconds":14,"label":"Matthew Goodson Joins for Discussion","summary":"Matthew Goodson from Salt Funds Management joins the program to discuss the healthcare sector. He has been closely monitoring companies like CSL and Fisher & Paykel Healthcare."},{"timeSeconds":33,"label":"Healthcare Stocks Rebounding After Falls","summary":"Healthcare stocks, which are a key part of most investors' portfolios, have seen a significant rebound. Companies like CSL and Fisher & Paykel Healthcare experienced sharp falls but are now recovering."},{"timeSeconds":42,"label":"NZ Healthcare Stocks Outperform","summary":"Fisher & Paykel Healthcare's stock has halved from its peak, while other healthcare companies have also seen declines. However, New Zealand's healthcare sector has generally performed better than its Australian counterparts."},{"timeSeconds":101,"label":"Defensive Nature of Healthcare Stocks","summary":"Healthcare stocks are considered essential and defensive, offering consistent growth. This is because their products and services are not discretionary, meaning demand remains steady even in challenging economic conditions."},{"timeSeconds":126,"label":"FPH & CSL Turning After Sharp Falls","summary":"Fisher & Paykel Healthcare (FPH) and CSL are showing signs of recovery after significant stock price drops. This rebound is partly attributed to their global manufacturing and trading operations."},{"timeSeconds":144,"label":"US Dollar Impact on Trade","summary":"The strength of the US dollar has a delayed impact on New Zealand companies. While it can make exports more expensive, it also benefits companies with significant US dollar earnings."},{"timeSeconds":221,"label":"Gold and Bitcoin Fall as Dollar Rises","summary":"Gold prices have been declining after reaching a peak of $4,000 an ounce. This is due to the strengthening US dollar, which is seen as a safer asset during uncertain economic times."}]} <!--/mynz:youtube-chapters-->