Tech innovations: Best in two decades?
11 April 2016
Despite a jittery start to the year, by mid-March the US technology sector had resumed its position as an outperformer versus the overall US equity market. JP Scandalios, vice president, Franklin Equity Group, attributes the sector’s shaky spell to global economic worries and general market jitters, not sector-specific issues. He reports that technological innovations currently on the horizon are the most promising he’s seen in more than two decades, and while global demand for IT products cannot be described as robust overall, he sees areas of strength that he believes will thrive even if global economic growth remains subdued.