The US sectors supporting growth for the rest of 2015

Grant Bowers, manager of the Franklin US Opportunities fund, takes a closer look at the drivers for the healthcare and tech sectors.

For the remainder of 2015, US equity markets should retain solid performance potential, particularly as uncertainty regarding the Federal Reserve's potential interest rate increase is removed. US economic data has been encouraging for growth, and we continue to see the two main pillars of the US economy - consumer spending and corporate earnings - to be supported by a modest economic growth environment. Sectors such as healthcare and information technology also have strong secular trends which will support growth. Within technology, we anticipate companies increasing their capex spend...