Obviously the Bond just ran beyond its cover. It closed right at critical near term support. The business climate in German was disappointing to the Euro. No change in the fundamental near term picture.
Here is an interesting look at the near term and long term from two separate stories at CFO Journal. Near term still has significant issues domestically and internationally. Long term there will be great leaps in technology that will transform industries and life itself.
We are part of our industry’s transformation with our enterprise risk management platform. It really is exciting to work with customers that want significant productivity lift rather than just enough to meet stale budget formulas.
First the bad news:
Union disputes at West Coast ports are taking their toll on retailers as the firms struggle to access shipments in the run up to the holiday season. Members of the International Longshore and Warehouse Union have been working without a contract since July 1. FedEx Chief Executive Fred Smith said the slowdown is leading to items being out of stock across the retail industry. “I suspect that you’ll see a lot of purchases of gift cards in lieu of merchandise.”
Second the future good news:
Universities are stepping up efforts to create “spinouts,” or business startups born out of the cutting-edge research of their students or faculty. …Universities and other research institutions created 818 startups last year, up from 705 in 2012 and 670 in 2011, according to the Association of University Technology Managers. Universities often receive a royalty or licensing fee of 5% to 10%.