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Latest Global Sportswear Supply Chain Read-Through Remains Bearish
Latest Global Sportswear Supply Chain Read-Through Remains Bearish
The S&P 500 Textiles, Apparel & Luxury Goods sub-industry index (S5TEXA Index), which includes names such as Nike, Lululemon, Deckers Outdoor, Ralph Lauren, and others, is down 15% year-to-date and roughly 65% from its late 2021 peak. With the index now hovering around Covid-era lows, Goldman analysts have published their latest read on textiles, apparel, and footwear, which explains why sentiment across the global industry remains so bleak.
Analysts led by Michelle Cheng reported that major Asian sportswear OEM March orders were mixed,...
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Mar 21, 2026 / Tyler Durden
Victor Hanson: What Is It With The Fickle Europeans?
Victor Hanson: What Is It With The Fickle Europeans?
Via The Daily Signal,
This is a lightly edited transcript of a segment of “Victor Davis Hanson: In His Own Words” podcast from Daily Signal.
What is it with the fickle Europeans? I know that they have different interests than ours, but we’re both Western entities. You’d think that we’d be more collaborative on the effort to disarm and denuclearize Iran. But a lot of strange things are happening.
The traditional use of the Diego Garcia critical airbase in the Indian Ocean, run by the British,...
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May 14, 2026 / Kyle Anzalone
Saudi Arabia Suggests Arab States Develop Non-Aggression Pact with Iran
Diplomats speaking with the Financial Times said Saudi Arabia has been discussing developing a mutual defense pact among Gulf Arab states and Iran. Two Western diplomats told FT that the framework for the pact would resemble the 1970s Helsinki Process. The 1975 agreement reduced tensions in Europe by increasing trade. The proposal from Riyadh comes […]
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Jun 10, 2026 / Tyler Durden
Apollo's President Warns AI Is Coming For Professional Services Jobs Next
Apollo's President Warns AI Is Coming For Professional Services Jobs Next
First AI came for Software, disrupting its various offshoots and sparking a brutal bear market at the start of the year before a powerful squeeze sent software stocks surging in recent weeks. Now, it's the turn of professional services, including law firms, accountancies and consulting firms, which according to Apollo’s co-president, Scott Kleinman are likely to be the next sector to face disruption from artificial intelligence.
Investors have had their worries focused on the software sector, and the extent to which AI...
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