Be mindful of the warning signs ⚠️

Plus a charted review of the macro crosscurrents 🔀

(Photo by Muhammad Daudy on Unsplash)

Stocks rallied last week, with the S&P 500 climbing 1.3% to close at 4,415.24. The index is now up 15% year to date, up 23.4% from its October 12, 2022 closing low of 3,577.03, and down 7.9% from its January 3, 2022 record closing high of 4,796.56.

While the overall data indicate continued economic growth, there are s…