What trumps a stalled economy? Demographics. And what are the two biggest demographic trends today?
1. Globally, it's the rapid growth of a middle class in countries like India, China, and Brazil. They want what we already have: a nice car and house, modern appliances, and good education and health care for their children.
2. Domestically, it's back to the future. Boomers still rule. And they're getting old. Hospitals, long-term-care facilities, vaccines, and meds of all kinds will see greater demand.
What these two trends have in common is health care. Globally and domestically, it's set to grow - even if the economy isn't.
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