FILE – The bullseye logo on a sign outside a Target store is seen on Feb. 28, 2022. Target’s first-quarter profit took a big hit from higher costs,…
FILE – The bullseye logo on a sign outside a Target store is seen on Feb. 28, 2022. Target’s first-quarter profit took a big hit from higher costs, despite strong sales growth. Target’s results Wednesday, May 18, reflect the pressure on retailers’ profits coming from surging inflation and persistent clogs in the supply chain. (AP Photo/Charles Krupa, File)
FILE – The bullseye logo on a sign outside a Target store is seen on Feb. 28, 2022. Target’s first-quarter profit took a big hit from higher costs,…
FILE – The bullseye logo on a sign outside a Target store is seen on Feb. 28, 2022. Target’s first-quarter profit took a big hit from higher costs, despite strong sales growth. Target’s results Wednesday, May 18, reflect the pressure on retailers’ profits coming from surging inflation and persistent clogs in the supply chain. (AP Photo/Charles Krupa, File)
Paul Nolte, Senior VP at Kingsview Wealth Management, joins Bob Sirott to talk about why retailers are sitting on their inventory, the future of oil prices, and his prediction of when the market could bottom.
Bob Sirott's acclaimed broadcasting career has spanned nearly five decades and has included stints at WMAQ, WBBM-FM, WLS, WGN and various television stations. (Click for more.)