Kevin Caron
Kevin Caron
Kevin Caronis a sculptor from Phoenix, Arizona. He has created more than 45 private and public commissioned works which are on display across the United States. Among his works are pieces on public display in Tucson, Arizona, Temple, Texas, and Avondale, Arizona. His public art sculpture Hands On won 17th Annual Best of the West Arts & Culture Award for 2009. He works primarily in fabricated steel...
ProfessionSculptor
Date of Birth2 February 1960
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There's a growing realization that technology is where earnings growth is going to show up. Investment spending drives earnings, and it's going to technology,
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I think the market is going to be in a position to rally going into the events of next week,
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I think we go nowhere for the next three weeks in terms of a real move in the markets. What's going to carry us is reduced uncertainty relative to the Fed, very good numbers on the economy and very good earnings as we wind up the year.
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You've got a decent summer rally under way with good breadth in the marketplace and, mostly, that's attributable to the fact that fear over what the Fed could do to the economy is abating and that helps all sectors.
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Oracle had gotten to valuations that it probably didn't deserve yet and the sell-off is a reflection of concerns over valuations. It's still a very good software company. We expect a little slower revenue growth but overall, they are an impressive company.
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You had tremendous output by the chip companies in the second quarter. During the third quarter you had some concerns about capacity issues and shortages of certain components, ... We're getting a better sense that they're dealing with the issues and that perhaps the supply shortages won't be as difficult as people initially thought.
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When we get beyond the Fed's decision in August, it then opens up the opportunity for technology to assert itself because of its strong earnings growth and take the market to higher highs and higher lows.