Morgan Stanley's Gorman: Investment Banking Has Bottomed

The transcript covers a discussion on investor sentiment and market reactions to recent financial results. It highlights strong fundamentals, including high capital ratios and dividend yields, despite a downturn in IPO and M&A activities. The speaker emphasizes the importance of looking at the big picture and anticipates a recovery in investment banking and trading activities. The global business environment is also discussed, with CEOs adopting a forward-looking approach, suggesting that deal-making will resume in the near future.

What changes in market sentiment does the speaker anticipate?

What is the outlook for investment banking and trading activities according to the speaker?