What's the Next Shoot to Drop?

Morgan Stanley missed badly today. I think eye banking revenue is down 55% or something. M&A is down, activity is down. And part of the problem is this nonsense, and we've talked about it before, of what I call the high jump problem. That's take the, you know, the bar off the rack, put it on the ground, jump over it. It's already dropping. There are certain areas that have higher revenues and earnings, but not many.

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