Taking stock of Corporate America’s ‘Risk Factors’⚠️

Plus a charted review of the macro crosscurrents 🔀

Stocks rallied last week, with the S&P 500 climbing 1.9%. The index is now up 5.4% year to date, up 13.1% from its October 12 closing low of 3,577.03, and down 15.7% from its January 3, 2022 closing high of 4,796.56.

The stock market will fluctuate as expectations for the future evolve. These expectations are informed by the various risks facing the comp…