Wall Street closes mostly higher, Dow back above 40K
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Wall Street's Biggest Bear, Mike Wilson, Finally Capitulates Almost one thousand points higher and almost a year after he said to short the S&P at 3,900 in December 2022, Mike Wilson - who along with JPM's Marko Kolanovic was the most steadfast bear on Wall Street - has finally capitulated. Recall that last October, just around the time we and a handful of others said a major market meltup was coming - and it turned out to be the biggest such meltup in history - Morgan Stanley's...