Were pretty active in the investment committee. Amy raskin, i start with you. You sold nike. Yep. Seems to me from the notes here you had it. We trimmed half our position, we spoke about a couple months ago, but were done. The company is just not executing as well as it should. The brand is still great. We could come back to it at some point, but theyre not executing right now. China is a risk for them, and, so, were out of the position. The stock is down 14 year to date, down more than 20 over a year. They certainly have had what i think people would suggest is an innovation slowdown. Yep. The company sort of acknowledged that. They blamed remote work. Which was terrible. For that. Their competitors somehow figured it out. Hoka, on, new balance can you sort of go down the list lulu are rising competitors. Theyre all sort of part of the sell pie . All part of the sell pie. I really did not like the explanation we couldnt innovate over zoom. Everybody else sort of figured it out. They j
That sped away. Tonight was fairly uneventful up until midnight. Admin i come the crowd was starting to break up. Several officers have left the area. To the media northwest of the Ferguson Police department several shots were fired and two officers were struck. Betty the resignation of the ferguson chief is the latest the dollar falling back boosting the futures outlook. Bonds are gaining on this. Is the ecbs Bond Buying Program the greek debt crisis is still hanging over them. We are not the power of the 21st century. The economic power of the 21st century. There are 18 different debts. Betty greek officials are in talks with the countries creditor. Chinas central bank moving had to boost Interest Rates. The bank wants to live the cap on what banks may pay depositors. The head of the peoples bank of china says the move is very close. A Huge Investment brightens the financial picture at snapchat with ollie baba 200 million into the Company Alibaba pouring 200 million into the comely,
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