All right, a mixed picture for stocks, but a record high again for the Dow Industrial's,

the S&P hovering near a new record closed, but not quite making it. It looks like we're about

13 points away here as stocks settle. For the Dow it did notch at seventh record

high this month. That's the scorecard on Wall Street

but the action is just getting started. Welcome to Closing Bell overtime.

I'm Morgan Brennan. John Fort is off today. Coming up, the global playbook

JP Morgan's of Joyce Chang will tell us the country where she sees the most

opportunity to invest right now with U.S. stocks at, or near record highs, and it's not last call just yet more like happy hour. We're going to talk to

the CEO of Santore about what he's seeing from consumers and which whiskeys

are selling the best.

But first, let's bring in James Demmer, Main Street Research Chief Investment Officer.

He has $2 billion in assets under management.

James, it's great to have you on.

I'm looking at your notes here. You're

bullish. You're bullish going into 2024. Why?

Happy holidays, Morgan, and we are very bullish about going into the year and even over the next maybe six to ten years

as we envision a new super cycle as sort of led by AI, tech if you will.

But I think that here specifically,

investors need to remember what does a new bull market look like.

And if you really go back and look at history you'll see oftentimes new bull markets sort of start like this one has a little narrow

that it starts to broaden out as we saw last quarter and you know when it gets to these

extremes these heights oftentimes investors get scared and they think, oh, it's gone up too much.

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