In general the health care will do relatively well, and has some recession proofing. Aging population, socializing of healthcare (lots of big money opportunities and contracts), to say nothing of the obesity epidemic, guarantees the sector as a whole will prosper. You don't need to hit a home run, a well diversified health care ETF or two is a good choice. Big investors, those heading large pension funds, are not driven by headlines. They look at value, diversification, safety, and generally have to follow certain asset allocation rules that prevent them from taking long term or uncertain gambles.