Barry Ritholtz: Odds are, the Fed will make a little mistake in '23

Barry Ritholtz, chairman and chief investment officer at Ritholtz Wealth Management, says that with the market being driven by inflation, there is a very slim chance that the Federal Reserve 'sticks the landing, gets it just right and we're off to the races again,' but an equally small worry about the central bank taking rates too high and making a giant mistake that craters the market. He believes the Federal Reserve likely lands somewhere in the middle, triggering a small, shallow recession. Ritholtz says investors need to stay focused on their goals and not get too excited by market moves in 2023, noting 'You have to be short-term greedy, not long-term greedy.' Also on the show, Stacey Morris, head of energy research at VettaFi, talks midstream energy infrastructure investing in The NAVigator segment and, in the Market Call, Eric Schoenstein, chief investment officer at Jensen Investment Management discusses focusing on quality amid volatile, choppy markets.