Mike, thank you very much. Welcome to overtime everybody. I'm Scott Walkney. You just heard the bells. We're just getting started from post night here at the New York Stock Exchange. In just a little bit, I'll be joined by investor Eric Jackson who not only believes the tech bounce from the beginning of the year is real he recently bought a new

stock that just might surprise you and we will have those details ahead we begin begin though with our talk of the tape. Out of steam,

that's how the market certainly acted today. The pullback perhaps pushed along by more

Fed Hawks talking about higher rates for longer, even as some suggest a soft landing looks

more likely.

For what all of that means to your money, let's welcome in. Josh Brown, he is the CEO and

co-founder of Ridd Holtz Wealth Management, a C-N-B-C contributor.

It's good to have you back right here with me at Post-9.

Loving it.

Have a nasty day.

Yeah.

Out of steam, out of gas, pushed over the edge by some Fed Hawksks all the above what do you think?

I think it's okay listen I think it's okay we've had a really big run so far we're just

digesting that run we were on the half yesterday talking about look we know the

data is going to get worse from here.

It's going to deteriorate.

That's what you had today.

Retail sales fell 1.1% in December.

Negative 1% was expected.

Doesn't sound like much, but that is the biggest monthly

decline for all of 2022. So we finished the year in much worse shape than we were

for much of the year at least on that measure.

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