Morgan Stanley Can Handle the Market Correction, CEO Gorman Says

The video discusses the current market challenges, comparing them to past financial crises. It explains the ongoing market correction and its manageability, highlighting the global economic tightening led by the US and its consequences. The video also explores market anxiety and the impact on specific sectors, particularly the Fang stocks, which have seen significant valuation changes.

In what ways does the speaker suggest that monetary authorities are limited in their actions?

What does the speaker imply about the valuation of Fang stocks this year?