What do Pharmaceuticals and Housing Starts have in Common?

Interesting. This guy claims there is a 79% negative correlation between housing stocks and the relative performance of pharmaceutical companies. If this holds, could mean good things for pharmaceuticals during the next couple of years.

I have made large investments (relative to my entire investment portfolio) in Pfizer, Merck, Medtronic, and Johnson & Johnson over the last 5 years seeing them as out of favor and solid long-term, dividend-paying investments for me. Pfizer and Merck make up 2 of the largest 3 investment holdings I currently have.

I hope this guy right!

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