Airlines took a hit with winter weather, says Steven Orr. He talks about his stock pick JetBlue (JBLU) which he is staying long on. He forecasts market performance for 2023. He notes that his biggest position is Annaly Capital (NLY) and his new position is Blackstone (BX). He then previews upcoming economic data, such as Jerome Powell speaking tomorrow at 9am ET. He also highlights the December 2022 consumer price index which will be released Thursday at 8:30am ET. Tune in to find out more about the stock market today.
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