European equities may no longer be pricing in the risks of the energy crisis, says Jeffrey Kleintop. He monitors trends in European equities. He talks about how he thinks that Europe's market is set to outperform again in 2023. He discusses how the biggest risk to European equities is the potential renewed upward pressure on energy prices. He then goes over trends in rate hikes and oil prices, as well as the state of the American consumer during the holiday season. Tune in to find out more about the stock market today.