Wall Street Is Not Optimistic Enough, Says Morgan Stanley’s Slimmon

The video discusses the current market sentiment, emphasizing that companies are exceeding Wall Street's expectations. It highlights a significant miscalculation in earnings predictions and suggests that the market is adjusting accordingly. The speaker believes the market will continue to rise, driven by positive company reports and the performance of key indices like the Dow Jones Industrial Transport. The overall message is that Wall Street may not be optimistic enough about the market's potential.

In what way does the speaker believe companies are exceeding expectations?

What does the speaker mean by saying 'the market has just repriced based on that mess'?