Morgan Stanley's Mike Wilson: We're In a New Bull Market

This gets back to our overall thesis, Matt, which is that we believe we've been in sort of a three year rolling recession and that the end of that recession ended in April with the tariffs. That was the final capitulation. So we think that's a new bull market, right.We think the bear market ended in basically April. It was a pretty nasty one. There were several, you know, along the way.And that that was the final the final flush. And now we're in a new bull market and capital markets activity is just anothe ...