john stoltzfus the euro trading at the 20-year low against the dollar concerns over the ecb can raise faces the potential recession. that does it for us on "worldwide exchange" dowand theo is down 20 "squawk box" is next net. the most popular place to find a space. only at vanguard, you're more than just an investor you're an owner. that means that your goals are ours too. and vanguard retirement tools and advice can help you get there. that's the value of ownership. psst. girl. you can do better. can help you get there. ok. wow. i'm right here. and you can do better, too. at least with your big name wireless carrier. with xfinity mobile, you can get unlimited for $30 per month on the nation's most reliable 5g network. they can even save you hundreds a year on your wireless bill, over t-mobile, at&t and verizon. wow. i can do better. yes, you can. i can do better, too. break free from the big three and switch to xfinity mobile. there's a reason comcast business powers more businesses than any other provider. actually, there's a few... comcast business offers the fastest, reliable netw

joining me now is john stoltzfus at oppenheimer john, do you feel better about the markets given what> i have to say we he he definitely feel better about this the market is showing where it wants to go as it gets out from under that awful first half of the year. >> if that is the case, are you calling a bottom is this the time everybody should be buying >> we have to say we do not believe this is the time to back up the troubuck. it is a good time to layer in dollar cost average. look within the sectors where babies have been thrown out with the bath water and indiscriminate selling in the first half of the year we think a lot of stocks that make a lot of sense and profitable today and pay dividends. garp growth. >> when you say garp growth or growth value or growth at a reasonable price let's assume prices are reasonable now than 6 to 9 months ago because they are. we can see what happens with the ind indices. what characterizes growth at a reasonable price >> the large cap technology companies with good cash flow that are profitable. good business premise. deeply embedded in the li

joining us now is john stoltzfus . you've been unapologetically bullish at times. what do you make of those walmart numbers? do we have a broader problem with the consumer? john: it is a combination of the two in the case of walmart and we have seen this before in the last reporting season. it just happens to be the ordered to much of the wrong thing and i think that was probably on expectations that they weren't going to get enough of what they were importing. we have seen that across a company -- a number of companies in retail. tom: i want to talk about sector selection. how critical is sector selection in 2023? john: with ticket is important in the sense that we have to be forward-looking. it is like john mclaughlin's second or first album. when do you want to be buying stocks? it is usually when they are low and nobody else wants them. we like consumer discretionary, we like technology, we like industrials and financials. in the market perform area, we continue to see terrio's and energy likely have further moved to the upside. lisa: what is going to trigger th