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We defunded USAID and suddenly nobody is buying premium hoodwear

@Oilfield_Rando
Oilfield Rando@Oilfield_Rando
23 views Aug 17, 2026 ~1 min read
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We defunded USAID and suddenly nobody is buying premium hoodwear
@KobeissiLetter
The Kobeissi Letter@KobeissiLetter
BREAKING: Nike stock, $NKE, collapses to its lowest level since September 2014, now down -78% from its all time high seen in 2021.

The stock has now officially erased over -$200 billion in market cap since its record high.
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