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Nike ‘Responds’ to Trump’s Question About Kaepernick – With a Huge Jump in Sales

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Millennial Investors Are Also Flocking to Buy Shares of Nike Stock

After Nike revealed NFL quarterback Colin Kaepernick will be the face of its 30th anniversary “Just Do It” campaign, President Donald Trump asked one question: “What was Nike thinking?”

The multi-national $34 billion retailer has “responded,” in a sense, with a 31 percent jump in sales.

“There was speculation that the Nike/Kaepernick campaign would lead to a drop in sales, but our data over the last week does not support that theory,” Hetal Pandya, co-founder of Edison Trends, tells Marketwatch.

“Nike’s online sales actually grew 31% from the Sunday of Labor Day weekend through Tuesday, as compared with a 17% gain recorded for the same period of 2017,” Marketwatch adds.

Trump is opposed to NFL players kneeling in silent protest of police killings of Black people. He has also called Kaepernick a “son of a bitch.”

Meanwhile, interest in Nike stock is also jumping.

“Nike has grown in popularity among millennial investors after releasing its controversial Colin Kaepernick ad,” Business Insider reports. “A total of 15,191 investors added Nike to their portfolios on Robinhood this week, up 45% from last week.”

“Investors on Robinhood are buying Nike stock 300% more than they are selling, compared to 12% last week,” Robinhood’s data scientist Sahill Poddar told Business Insider on Tuesday. “Investors in Oregon, where Nike is headquartered, are buying the stock 850% more than they are selling.”

The popularity of Nike’s stock has jumped 20 points as well.

Clearly, the company’s long-term strategy is working.

Or, perhaps, maybe they just thought supporting the head of a campaign to stop police killings of unarmed Black people was a good idea.

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JUST DO IT

Duckworth Claims Enough Votes for Senate Vote Against National Emergency

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5 years ago

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February 17, 2019

By

Tammy Duckworth

Senator Tammy Duckworth (D-IL) claimed on ABC’s This Week that there are enough votes in the senate right now to block President Donald Trump’s national emergency declaration, likely setting up a showdown between congress and the president. 

The House of Representatives is moving forward with a resolution opposing the national emergency declaration that President Trump invoked on Friday, before heading to Florida to golf. Some GOP members of the Senate have also “voiced concern,” according to This Week host Martha Raddatz

When asked if there would be enough votes in the senate for such a resolution, Duckworth was positive. 

“I think we do,” said Duckworth. “Now, whether we have enough for an override and veto, that’s a different story. But frankly, I think there’s enough people in the Senate who are concerned that what he’s doing is robbing from the military and the DOD to go build this wall that, you know, is really not even the best way to fight the crisis that he’s talking — you know, seeming that there’s one at the border.”

Duckworth also agreed with statements made by Nancy Pelosi (D-CA) and Chuck Schumer (D-NY) on Friday, stating that, “the Congress will defend our constitutional authorities in the Congress, in the Courts, and in the public, using every remedy available.”

“Basically, the president is trying to take away the power of the purse from the legislative branch. We are co-equal branches of government, and he is trying to do a type of executive overreach that is just uncalled for,” said Duckworth.

“Now if he wants to appropriate more money, to put more agents at the border, to put people at the ports of entry to go and counter drugs, we can have that conversation — but to take money away from defense, from DOD, in order to build this wall that is essentially a campaign promise, I think is really wrong priorities, and I think it’s very harmful to the country,” she added.

It would be remarkable if enough votes can be found in the senate to send the bill to the president’s desk. Congress has largely “rubber stamped” anything President Trump has asked for with minimal resistance from his party. 

President Trump would likely veto any such resolution if it does reach him, and it is highly unlikely that more than 20 republicans would cross over to stand against the president.

View the exchange below:

Image via screen capture from video source.

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