@_masterinvestor Yes. A couple of partnerships will push this up. Something like Nike + Meta glasses or an AI inspired strategic move. Run club culture is also an opportunity.
They also have added Alexandre Arnault to the board. Getting fresh and putting on a new pair of NIKEs will always be in.
I think yesterday's pivot/cave is one of the worst outcomes. We are trapped with an effective tariff rate of 15%+, negotiating leverage is way down, stagflation with unanchored infl expectations and zero chance of any sort of positive outcome.
Cash and wait is my motto.
Exactly as predicted, we’ve officially entered the dead cat bounce phase: delay the tariffs, bait the retail crowd back in, and set the stage for the next red wave.
In the coming weeks, retail will pile in—all while institutions quietly dump their bags. Don’t forget the long term trend.