'Don't Even Think About Selling': Mr. Gold Warns US 'Officially A Banana Republic'

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,...

Norovirus Outbreak Sickens 115 People on Caribbean Princess Cruise Ship, CDC Says Authored by Aldgra Fredly via The Epoch Times, More than 110 people aboard the Caribbean Princess cruise ship have fallen ill due to a norovirus outbreak, a common cause of gastrointestinal illnesses, according to the Centers for Disease Control and Prevention. The Caribbean Princess, owned by Princess Cruises, departed from the port of Fort Lauderdale, Florida, on April 28 and is currently sailing in the North Atlantic Ocean, according to CruiseMapper. The voyage dates were April 28 to May 11. The ship...

Israeli forces have continued to directly target Lebanese ambulances, according to the Lebanese Health Ministry, and those attacks resulted in at least two paramedics killed Sunday and five others wounded. The paramedics were targeted in Qallawiya and Tebnine, and the Health Ministry said they were deliberately and directly targeted in violation of international law. The […]