Has us asking the question is tech now firmly out of favor, or is this just a rest and people will come screaming back in. So firmly would probably be a bridge too far but out of favor today, sure, and by the way, this looks like a repeat of an episode that we saw on wednesday of last week, so you look at, like, for example, s p value index, which just breaks out the value stocks within the s p, up 1. 2 and s p growth up 0. 4 or flat. This is more than a oneday thing, right the banks listen. This is tech down 3. 5 in a week. Amazon in a 6 drawdown which slashes its yeartodate gain to a pitiful 52 . Thats what were talking about here these are stocks that have gone up by orders of magnitude all year and within the last week or two people are falling in love with other sectors like financials and industrials and transportation, and then have you this other thing going on which is only tangentially related which is a big bounce in retail names i think a lot of that has to do with seasonal
Only figured out what the computer was for. The digital revolution. The maker revolution is really a combination of the two, digital meet industrial. It is the digitization of the Manufacturing Technology but not just introducing Digital Technology into factories because we had that decades, since the 1970s. What it is is personal computers to democratization, the introduction of digital manufacturing tools to anybody and everybody. That is when we see the web innovation mall, when we see the creativity, the energy of everybody start to come to bear on the Biggest Industries in the world. This is the Maker Movement. There are many definitions of the Maker Movement. I think the credit for the term goes to Dale Dougherty who works for oreilly of Oreilly Publishing company. Around 20052016 recognized there was something going on, he saw web generation starting to use their hands more and Work Together in communities and share ideas a little more. Digital tools he created a magazine for th