 And sooner or later, we're going to have a significant correction. And what I know about previous corrections is when you're in a correction, you don't want to be in the most expensive stuff. I think it's a time when people need to be very careful about diversifying their exposure and not being overexposed to the most expensive names. J.P. Morgan's David Kelly on CNBC. The U.S. added more jobs in June than expected, 206,000, a sign of continued economic strength. The unemployment rate ticked higher up Friday.