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Wall Street Reacts to Trump vs Biden, Nike Blows Up, Summer Storms Are Coming

The Compound and Friends

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Analyzing Nike's Struggles and Market Performance

The chapter scrutinizes Nike's recent challenges and stock market performance, highlighting a significant decline attributed to various missteps. It also delves into the broader market context, comparing the performance of sports brands like Adidas and Encloud. The speakers discuss potential market corrections amidst historically low volatility and narrow tech stock leadership, as well as the impacts of shifting consumer preferences and COVID-19 on retail companies like Nike.

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