morgan overweight target stays at 220 kevin o'leary, you own disney. i mentioned almost everybody does, but you do admit that it might be in the lockbox for the time being >> it is it's in the lockbox because there are two pivots that move this name. one is coming out of the pandemic so you know the theme parks will increase cash flow because right now you have constraints on how many people can go to these and not just domestically, in china, you have issues, too and then the whole issue of how much capex goes into the stream, but the reason i favor going on to the name with the safety in the weeds is that when you criticize the fact that disney is focused on family and children specifically, that's probably the wrong way to think about it the most stable content driver is children's programming because a 50-year-old cartoon is watched a hundred times by a 5-year-old and it's going to be the same in 20 years everybody knows that you park your kids in front of disney and they just keep watching it over and over again that's very, very stable cash flow

o'leary chairman of oshares kevin, with inflation such an issue and how are you positioned and what should investors be positioning to address inflation. >> all of a sudden quality matters and cash flow matters and distributions in the form of dividends matter and sectors that have pricing power inflationary times and so one of the reasons we've seen such pressure in tech is that ps tend to get impressed and so if you'll be using an etf you want to have diversity around sectors that are really strong in pricing power. so think about this, health care right now as we're coming out of the pandemic at some point and all of the elective surgeries that haven't happened for the last two years will come piling in that matters and i'm talking out of the book when i say this, we focus on quality and cash distributions. ousa is up to 40% of my holdings and it is an etf that has high quality pieces of the s&p and it gets rid of and it's a rules-based etf that says give me companies that do well in inflation that have pricing power. so do people pay for consumable goods and inflationary times y

venture capitalist kevin o'leary and ro khanna. "squawk box" will be back after a quick break. >>> when we come back, we will get december numbers next a few major stocks reported this morning. so far you are looking at red across the board j.p. morgan off 4% blackrock off 1.5% wells fargo is the only one in the green up 1-and-a-half percent we are pointing to a drop of 200 points for the dow we'll lk auttabo what's happening when we come back. >> s different networks. so how do you get everyone on the same page? microsoft surface devices, orchestrated by cdw. they adapt to each user and deliver multi-layered security, so your workforce gets seamless experiences wherever they roam. for devices that fit your unique workforce, trust microsoft surface and it orchestration by cdw. people who get it. ♪ ♪ wow, we're crunching tons of polygons here! what's going on? where's regina? hi, i'm ladonna. i invest in invesco qqq, a fund that gives me access to the nasdaq-100 innovations, like real time cgi. okay... yeah... oh. don't worry i