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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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Jun 2, 2026 / Tyler Durden
Bamboozled Once Again...
Bamboozled Once Again...
Authored by Jim Quinn via The Burning Platform blog,
“One of the saddest lessons of history is this: If we’ve been bamboozled long enough, we tend to reject any evidence of the bamboozle. We’re no longer interested in finding out the truth. The bamboozle has captured us. It’s simply too painful to acknowledge, even to ourselves, that we’ve been taken. Once you give a charlatan power over you, you almost never get it back.” ― Carl Sagan, The Demon-Haunted World
“Narcissists are unstable and go through repeated cycles of self-destruction, with...
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Jun 16, 2026 / Tyler Durden
Trump Calls On Putin To Reach Deal With Ukraine After Zelenskyy Meeting
Trump Calls On Putin To Reach Deal With Ukraine After Zelenskyy Meeting
Authored by Emel Akan via The Epoch Times,
U.S. President Donald Trump kicked off his G7 summit meetings on June 16 in the French spa town of Evian-les-Bains, joining a roundtable discussion with Ukrainian President Volodymyr Zelenskyy and other G7 leaders.
(L-R) U.S. President Donald Trump, French President Emmanuel Macron, and Ukrainian President Volodymyr Zelenskyy take part in a working session at the G7 summit in Evian-les-Bains, France, on June 16, 2026. Thibault Camus / POOL / AFP
"We had a...
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May 18, 2026 / Tyler Durden
The Too-Long Goodbye
The Too-Long Goodbye
Authored by James Howard Kunstler,
“. . . we are witnessing mass formation in real time, where the group delusion becomes the only permissible reality.”
- LH Grey on X
Last week, Stephen Colbert celebrated his May 21 departure from late-night TV by French-kissing his fellow late-night soul-mate hosts goodbye, perhaps to honor the French origins of the Woke political ideology that guided his rocket flight to fame — Michel Foucault (1926–1984), who argued that power was all that mattered and that you could talk any absurdity about sex,...
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