The 'most popular prediction' about stocks going into 2023 has been very wrong 😬

Plus a charted review of the macro crosscurrents 🔀

The S&P 500 has spent most of the first half up. (Source: Yahoo Finance)

Stocks closed higher last week with the S&P 500 climbing 0.4%. The index is now up 12% year to date, up 20.2% from its October 12 closing low of 3,577.03, and down 10.4% from its January 3, 2022 record closing high of 4,796.56.

On Thursday, we finally got confirmation that the bear m…