Promising signs for productivity ⚙️
Plus a charted review of the macro crosscurrents 🔀
Stocks made new record highs, with the S&P 500 setting a closing high of 5,157.36 on Thursday and reaching an intraday high of 5,189.26 on Friday. For the week, the S&P shed 0.3%. The index is now up 7.4% year to date and up 43.2% from its October 12, 2022 closing low of 3,577.03.
Productivity has been improving, an…
