Here's your summary from Morgan Stanley's Wilson Says Markets 'Stuck' Right Now (https://www.youtube.com/watch?v=Ri8DPiqC9xQ) on the Bloomberg Television channel:

**TLDR:** The market is currently stuck in a narrow environment, with investors focusing on high-quality growth stocks and concerns about higher rates and fiscal spending.

1. Slower growth is currently seen as positive for multiples, as long as it doesn't lead to a hard landing.

2. Market efficiency is driving investment into high-quality growth stocks, with concerns about narrow breadth and difficulty in outperforming.

3. Investors are not currently worried about higher rates or fiscal spending, but these concerns could resurface later in the year.

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