The state of the American consumer, as told by their bankers 🎩

Plus a charted review of the macro crosscurrents 🔀

🌴 TKer will be off next Sunday, July 27. The free weekly newsletter will return on Sunday, Aug. 3!

📈The stock market rallied to all-time highs last week, with the S&P 500 setting an intraday high of 6,315.61 on Friday and a closing high of 6,297.36 on Thursday. The index is now up 7.1% year-to-date. For more on how the market moves, read: Stocks usuall…