There are 'rules' and then there are 'statistical regularities' 🧮

Plus a charted review of the macro crosscurrents 🔀

The “Sahm rule” has had a consistent track record of predicting recessions, and it was triggered on Friday. (Source: FRED)

📉 Stocks fell last week, with the S&P 500 shedding 2% to end at 5,346.56. The index is now up 12.1% year to date and up 49.5% from its October 12, 2022 closing low of 3,577.03. For more on stock market moves, read: Keep your stock m…