The High Probability for a Correction on Equities

I believe barring a geopolitical shock, 2023 will be a very strong year for equities. I think the news this morning regarding weakness in the Chinese economy is more about the commodity story. That's why you want to ensure that your portfolio has the exposure to mega caps and to technology. Until China is able to really reopen with strength and contribute to global economic growth, that commodity story is going to be under pressure.