It's mostly a function of the aging population, the increased spending of people over 55 on health, the whole skew in society toward litigation and the need for extra tests. If you happen to be the company that's doing the tests, well that's good for your revenue.
More Quotes from Hans Kunnen:
The world is a difficult place for phone companies. The margins and profits for companies like Telstra in earlier years were based on an environment that no longer exists.Hans Kunnen
The big-picture fundamentals for commodities stocks is still in place. Nothing has actually changed. The sell-off in some sectors was not warranted.
Hans Kunnen
There's something new to worry about now with oil. There's always plenty of supply-side shocks with oil, and it's not found in the most stable parts of the world.
Hans Kunnen
Earnings growth is still in the pipeline for next year and commodities forecasts are being revised up, so no one is willing to pull the plug on resources stocks just yet. Some of them are in play, so there's added incentive to buy gold stocks.
Hans Kunnen
BHP and Rio are setting themselves up for growth for the next five years. Volumes will go up and that will boost their earnings.
Hans Kunnen
Times will change, but not in 2006. It's not so easy for phone companies like Telstra to make money like they used to. They're a hard sell to investors.
Hans Kunnen
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Where an opinion is general, it is usually correct.
Jane Austen
Every philosophy is tinged with the coloring of some secret imaginative background, which never emerges explicitly into its train of reasoning.
Alfred North Whitehead
Dancing is the loftiest, the most moving, the most beautiful of the arts, because it is no mere translation or abstraction from life; it is life itself.
Henry Ellis