Wall Street's sleuth of bears is growing 🧸🧸🧸

Plus a charted review of the macro crosscurrents 🔀

Stocks kicked off the new year on a positive note, with the S&P 500 climbing 1.4% last week. The index is now up 8.9% from its October 12 closing low of 3,577.03 and down 18.8% from its January 3, 2022 closing high of 4,796.56.

Meanwhile, the market’s many bears got more company.

Michael Kantrowitz, the chief investment strategist at Piper Sandler, expect…