joining me now is vance howard, ceo and portfolio manager. good to have you here. >> good morning. >>> we saw energy as the laggard. yesterday was the big winner 2022 communications services, the big winner with the sector of all stocks, meta, pushing it up higher what do you make of the first day of trading >> you know, frank, it's weird it's usually pretty bizarre, all over the map we're holding a lot of cash like you and i talked a couple of weeks ago. i don't think 2023 is going to be a bad year. i think we're going to end up. the first quarter will be pretty rocky and volatile and we're pretty stressed about that going into the latter part of the year, we're pretty optimistic. >> give me your portfolio right now, how much equities, how much bond, how much cash? >> we're 50% in equities do have a few one-month treasuries, and that's about it. we're sitting at about 50% cash. i have to tell you, frank, i see a lot of opportunity when this thing turns. their free cash flow is great. we're not going to buck the trend, but when the trend chan

and later in the show, joyce vance joining us to talk about a stunning rebuke from a federal judge to former president trump. plus, howard dean discussing the gop's continued dysfunction. and once again, the clash over reproductive freedom is spilling into the streets. anti-abortion activists are holding their annual d.c. rally. the first so-called march for life event since conservatives on the supreme court overturned roe v. wade. in that explosive decision, they not only overturned that landmark decision, the court also galvanized liberals and triggered backlash at the polls. and today, they also triggered counter-protesters. >> while the march began as a response to roe, we don't end as a response to roe being overturned. why? because we're not yet done. >> i am here. it is to show that we will not let america be bullied out of the right to abortion. >> everything that happened before roe, that was just the preseason. [ chanting: abortion is essential ] >> not when roe will be reversed, but when. our work just began. >> it felt more pressing this year. at this point, we no longer have a constitutionally protected rig

and later in the show, joyce vance joining us to talk about a stunning rebuke from a federal judge to former president trump. plus, howard spilling into the streets. anti-abortion activists are holding their annual d.c. rally. the first so-called march for life event