Morgan Stanley's Slimmon Doesn't Expect a Market Pullback

The video discusses the concerns of financial advisors who are heavily in cash and the potential market timing issues they face as the year progresses. It highlights the lack of positive fund flows, indicating that retail investors have not fully re-entered the market. The discussion also covers the behavior of investors and advisors, who may become nervous about being underweight in equities. The video concludes by suggesting that any market pullback could be an opportunity to reinvest cash into the market.

What historical event does the speaker reference regarding retail investors reentering the market?

What is the speaker's perspective on pullbacks in the market?