Nov 22, 2022
John Kosar, chief market strategist at Asbury Research, says that the market has reached a key point, and he believes the lows the market made in June and retouched in October -- in the 3,500 range for the standard & Poor's 500 -- will stick, and last several quarters. He remains positive on the market for now, noting that his key indicators remain green, but notes he won't be surprised if the market re-tests those lows before moving forward again in 2023. Also on the show, Amanda Agati, chief investment officer at PNC Asset Management, discusses the rising cost of the "12 Days of Christmas," noting that inflation in the firm's Christmas Price Index is running even higher than inflation elsewhere in the economy, and how that reflects current events and broad economic conditions, author Paul Tucker discusses his new book, "Global Discord: Values and Power in a Fractured World Order" and, in the Market Call, Hank Smith, head of investment strategy at The Haverford Trust Co., discusses large-cap companies with a history of paying/raising dividends.