My definition of 'bearish' is different from yours 🧸

Plus a charted review of the macro crosscurrents 🔀

📈The stock market rallied to all-time highs, with the S&P 500 setting an intraday high of 6,764.58 on Thursday and a closing high of 6,753.72 on Wednesday. On Friday, the S&P dropped 2.7%. The index is now up 11.4% year-to-date. More on market volatility below…

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If you follow business news, you’ll regularly see financial professionals, bank CEOs, and ot…