Join us in New York on November 29th for the Bloomberg Canadian Finance Conference,

proudly sponsored by National Bank of Canada Financial Markets.

2023 marks the 11 year anniversary of our Canada focused event and continues the tradition of providing timely

insights and actionable strategies. We'll have senior government

officials from Saskatchewan, Quebec, British Columbia, Alberta and Ontario as well

as speakers from Northland Power, World Bank, Transolta, and many more.

Register at Bloomberg Live.com I'm Tom Keene.

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The discipline to maintain discipline.

The message from David Kelly, a J.P. Morgan Asset Management, the chief global

strategist. He joins us now. David, billed on that. What do you mean by that?

Well, I think that we were in a recovery, but this recovery is about to slow down. I mean the sound that you hear outside

is screeching breaks because this V-shaped recovery is going to slow a lot in the

fourth quarter and early next year. I think it's important not to just, you know,

to pile into momentum stocks.

We've seen, you know, the stock market do wonderfully well

this year, but there are parts of the stock markets

which are frankly done too well, given the amount of uncertainty out there

and given the fact that down the road we are looking at higher taxes and higher interest rates.

...