Economic data quality deteriorates — 2 thoughts for investors 🧮

Plus a charted review of the macro crosscurrents 🔀

📈 The stock market rallied last week, with the S&P 500 gaining 1.5% to close at 6,000.36. It’s now down 2.3% from its February 19 closing high of 6,144.15 and up 67.7% from its October 12, 2022 closing low of 3,577.03. For more on how the market moves, read: One of the most misunderstood moments in stock market cycles ⏱️

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Policymakers, politicians, busi…