The Boom in Healthcare Valuations Has Ended

I thought this was a fascinating chart. It shows the P/E Ratio of Healthcare stocks (blue) compared with the P/E Ratio of the S&P 500 (red).

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On My Mind: Schrödinger’s economy

Franklin Templeton Fixed Income CIO Sonal Desai shares her thoughts on the May FOMC meeting and press conference. Dr. Desai sees three layers of uncertainty that are keeping the US Federal Reserve extremely cautious and data-dependent: tariff uncertainty, economic uncertainty and broader policy uncertainty. Find out what this means for investors going forward.
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