Welcome to Closing Bell, I'm Mike Santoli in for Scott Wopner here at Post 9 at the New York Stock Exchange.

This make or break hour begins with stocks coasting toward the close of a fifth straight winning month

as Wall Street fully embraces the economic soft

landing story and bets that corporate profit growth is now potentially bottoming.

And Strutagus groups, Chris Varone, says a leadership change is underway beneath the surface.

He'll break down the two areas of the market he's now bullish on into year end.

But first our talk of the tape, will the upward trend in the indexes remain investors friend or has

the market already taken account of enough good news for the moment here to

discuss that as Mira Pandit

JP Morgan asset management global market strategist Mira good to, J.P. Morgan Asset Management, Global Market Strategist, Mira, good to see you.

Good to see you.

It seems clear we've gone from, oh, Relief Rally because inflation's lower and the Fed might

be done to something closer to really a fuller belief that in

fact we might have an expansion in the economy indefinitely and and earnings

look like they've seen the worst of it.

How does it make you feel?

Do you want to bet against that happy scenario

or believe that it can continue like that?

Markets seem to be pricing in immaculate disinflation,

but the reality is that might be transitory

because we are seeing that disinflation is occurring

while growth is actually accelerating.

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