Mike Wilson, Chief US Equity Strategist and Chief Investment Officer for Morgan Stanley, joins Bloomberg Businessweek Daily to discuss his 2026 market outlook, saying that market broadening is happening now as the US economy and market begins a new cycle. "There have been many parts of the economy that have been sort of mired in a recession for the last three years or so, and they're just now starting to emerge," Wilson says. "That broadening out is the real story." Wilson also reiterates his 7,800 S&P 500 year-end target. Wilson speaks with Carol Massar, Tim Stenovec, and Bloomberg News Equities Reporter Alexandra Semenova. (Source: Bloomberg)