Back in February, when the S&P was about 500 points lower, we said that the "Rally won't end until Wilson and Marko turn bullish."
Rally won't end until Wilson and Marko turn bullish
— zerohedge (@zerohedge) February 7, 2023
We can confirm that the rally will go on for at least another week, because instead of doing what strategists normally do, and at least pretend to forecast the future, Morgan Stanley's Mike Wilson has once again taken the opportunity - as he has done most of the past 8 months - to explain why stocks have continued to rise and - therefore - why he continues to be wrong in anticipating a market crash (recall at the end of 2022, Wilson told clients to sell any rally above 3,900).
