[expat_panama]

Doom'n'gloomers get a lot of milage screaming WE'RE ALL GONNA DIE!!!   OK, well I know it's true (and the U.S. will end, humanity will be extinct, the sun will explode, and the universe will collapse) but that's not important.  What matters is we're alive now and if things change it's because our Creator doesn't.

Even IBD is no longer a daily newspaper.  The print version is IBD Weekly and I'm hoping to be kept up to date w/ content online. 

[BlackAdderess]

Well maybe reversing policies on the “Open Office” which seems to be an irrational fad among MBAs would do a lot to encourage innovation. You aren’t going to really innovate if you are spending 80% of your time answering 101 level questions via email and phones and attending meetings.

[BlackAdderess]

Making life easier for startups too would be an excellent idea. Even the Economist is calling foul on the destruction of competition in the United States.

[expat_panama]

Good Morning and OUCH!  Both the NASDAQ and the S&P add on another distribution day piling more pressure on our "market under pressure"  --current tally is now now @ NASDAQ 7 and S&P 6.

Meanwhile gold and silver punch up to new highs, they're now trading at $1,299.43 and $17.92; these are highs not seen since 2014! 

Futures traders are solid with metals today: +1.76% but while this site sees stock indexes -0.65% this other one has 'em "mixed/up".

For those that liked last weeks GDP, this week brings headline unemployment [snort] and this morning is the ISM Index and Construction Spending.

Elsewhere:

Women Make Better Investors than Men Do - Holly McKay,Daily Telegraph
Stock Pickers Beware Unwelcome Pattern - Ellie Ismailidou, MarketWatch
Sell Out of the Stock Market In May? Not So Fast - Adam Shell, USA Today
How Does Obama Economy Stack Up? - Kevin Williamson, National Review
As GDP Flatlines, Obama Brags About His Record - Editorial, Investor's
Helicopter Money Would Logically Miss Its Targets - John Tamny, Forbes
Was the Fannie/Freddie 'Death Spiral' All a Mirage? - Tara Helfman, RCM
The Income Experiment That Could Solve Poverty - Annie Lowrey, NYM

[ealgeone]

.June 2007. Facebook... ...September 2006. Twitter... ...July 2006. Instagram... ...2010. Uber... ...2009. iPad... ...January 2010

Outside of the ipad not sure the others are huge leaps in innovation.

[palmer]

No doubt we have one of the more innovative economies but it won't take long for others to catch up. We will need more financial innovation particularly to broaden the markets beyond Wall St. Kickstarter and start engine are a good start but need to have better regulation and transparency. The old regulatory structure is to create 100 page disclosures that nobody can read. We need a new way.

We are behind in cryptocurrency. I am biased towards it myself, but it is obvious that Europeans and others have recognized the future of money while we are mainly trying to regulate it out of existence. I think we are falling behind in software in many areas, I see a lot of foreign apps, foreign open source, etc

We are on the cusp of a new manufacturing and distribution revolution but still have the old retail model in place. Our biggest problem there is we have too much time and money to waste, the result is Apple stores and strip malls full of cheap crap. We should boycott Target but should never have gone there in the first place.

[bert]

I have read Forbes pretty much from cover to cover for 35 years. In the recent past, there was an editorial change to the web and to what is new. Entrepreneurs are the focus. Creating that which is new is the focus. Young people, those under thirty are the focus.

Forbes has maintained some of it’s old core for fossils like me but to continue to live and grow, has sought a new readership that is on line. Forbes has in fact grown.

The main theme of Forbes is now American innovation. The stories of innovators both old and especially those that are young, some very young, belie the mutterings of industrial death and destruction.

[Salvey]

new goods, services and medicines are being created from technologies that are little understood by the public.

I have difficulty envisioning these innovations originating from any of the groups of new Americans which obama and his ilk are importing to help "fundamentally transform" America.