The bright side of higher interest rates ☀️
Plus a charted review of the macro crosscurrents 🔀
Stocks ticked higher last week, with the S&P 500 rising 0.5% to close at 4,308.50. The index is now up 12.2% year to date, up 20.4% from its October 12 closing low of 3,577.03, and down 10.2% from its January 3, 2022 record closing high of 4,796.56.
As we discussed here last week, there continues to be a deluge of un…
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