Wharton's Jeremy Siegel says the Dow could surpass 40,000—if the Fed doesn't get in the way
If the Fed doesn't cut interest rates in January, they may have to lower it in their March meeting, Siegel said.
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If the Fed doesn't cut interest rates in January, they may have to lower it in their March meeting, Siegel said.
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The 1% tax on share repurchases passed by Democrats earlier this year begins in January, but many companies say they remain unfazed by the new penalty.
Most retailers in the active lifestyle space again broadly delivered third-quarter results that topped Wall Street’s targets and lifted their 2021 guidance as sales momentum remained resilient. However, supply chain concerns, marked by port congestion and factory shutdowns in Vietnam, were widely discussed on recent quarterly calls. Insights from Dick’s Sporting Goods, Hibbett, Academy Sports + Outdoors, Big 5, Kohl’s, Foot Locker, Lululemon, and others follow.