Aaron Chagnon
7.6K posts

Aaron Chagnon
@AaronCVT
let's use the most uncommon sense out there, common sense


@LauraLoomer Imagine Laura Loomer in the deportation department... we would've already finished the job.



Hey @elonmusk where is the community note on this? 11M views for something he knew was false.



The Army Chief of Staff, a combat veteran with tours in Iraq and Afghanistan, asked Pete Hegseth why he was blocking the promotions of two Black officers and two female officers who had earned them. Hegseth refused to answer. Then he fired him. Nine U.S. officials told NBC News that Hegseth has blocked or delayed promotions for more than a dozen Black and female senior officers across all four branches of the military. Hegseth has now fired or sidelined more than a dozen generals and admirals. He is an out-of-control, unqualified former TV host and nobody in the Republican Party will say a word about it because they don’t want to make Trump angry. nbcnews.com/politics/natio…

















Nike wiped out $200B+ in market cap since November 2021. And the chart actually understates how bad it is. This company made one bet that destroyed everything: the direct-to-consumer pivot. During COVID, Nike's online sales surged, and management convinced themselves the stay-at-home economy was permanent. They pulled product from Foot Locker, Dick's, and thousands of wholesale partners to push buyers through Nike.com and Nike stores. That ceded physical shelf space to On Running, Hoka, New Balance, and every competitor happy to fill the void. By the time Nike brought Elliott Hill in as CEO, customers had already moved on. The China numbers are staggering. Seven straight quarters of declining revenue. Greater China sales dropped 17% last quarter. Next quarter Nike expects a 20% plunge. Meanwhile Lululemon is posting double-digit growth in the same market. Anta and Li-Ning are eating Nike's share from below. Nike's China revenue contribution fell from 18.6% in 2021 to 14.2% in 2025. Yesterday Goldman Sachs, JPMorgan, and Bank of America all downgraded the stock on the same day. Net income fell 35% year over year. Gross margin has declined for seven consecutive quarters. And the stock still trades at 38x forward earnings, a premium over the S&P 500 average of 22x. This is what a slow-motion brand collapse looks like with a luxury multiple attached to it. The turnaround keeps getting pushed further out. Management promised growth by early 2027. Wall Street priced that in. Now it's late 2027 at best. The scariest part: Nike is still the #1 sportswear company by market cap. If this is what #1 looks like, the rest of the industry is running a different race entirely.






Whoever President Trump nominates for the Attorney General role, I will support. He knows what he is doing.









