LEVI - Apparel Stocks - A World Of Pain

While there isn't a specialty industry ETF dedicated to the apparel store brands and manufacturers, that's probably a good thing since investors in the underlying stocks have been getting crushed. The returns for May were abysmal and widespread between large and small caps based on a combination of weak earnings across the group, poor company-specific news and the impact from rising tensions in the ongoing U.S.-China trade dispute. Indeed, many of these companies have exposure to China either as a sales market or through key suppliers. The broader theme, however, is that this is a

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