Market's 'worst six months' in '23 won't include recession

Jeffrey Hirsch, editor-in-chief of the Stock Traders’ Almanac, discusses 'calendar effects' -- the traditional 'Sell in May and go away; buy in October to get yourself sober' strategy that may not kick in this year until as late as June, but which should involve avoiding the worst of the year and a lot of market softness but no recession. Hirsch notes that since World War II the market has made most of its gains between October and April and this year is no exception, which will leave the market looking at a squishy, back-and-forth summer before things pick up again near the end of the year. Also on the show, Liz Weston of NerdWallet discusses how people can and should consider Social Security in ways that will maximize their payouts, delivering the best long-term impacts of the program; David Trainer of New Constructs puts First Solar -- a stock that's a darling of ESG funds -- into the Danger Zone, anticipating an earnings miss, and Matt Schulz of LendingTree discusses the site's latest survey showing what happens when parents give children access to their credit and debit cards.