Briefing.com's O'Hare: Stockpickers stand up, '23 is your time

Patrick O’Hare, chief market analyst at Briefing.com, dislikes the cliche of a 'stockpicker's market' but he says the proverbial shoe fits for the year ahead, because while the overall tenor of the market has been muted and the economy has been bordering on recession, there are industry-leading stocks with solid balance sheets and profits and nice dividends that investors can build a portfolio around. O'Hare says the first half of the year will be challenging until inflation is under better control, and that the entirety of 2023 could be a struggle if the Federal Reserve and the markets don't get on the same page fairly soon; as a result, investors will want to look at income-production and safe havens in stocks and bonds to ride it out to better times. Also on the show, Greg McBride, chief financial analyst at BankRate.com discusses the uncertainties, worries and concerns that a majority of consumers have entering the new year, noting that this may be the worst year he's ever seen in terms of how shaky consumers and investors are at the turn of the calendar, plus Brian Shephardson, portfolio manager of the James Advantage Funds, talks value-oriented investing in the Market Call.