There's a big macro shift taking place that could erase the bulk of this year's stock market gains

• The stock market is on the verge of undergoing a significant macro shift that could threaten its recent gains in the short term.
• That's according to a Wednesday note from Fairlead Strategies cofounder Katie Stockton.
• She warned a rise in the US dollar and interest rates could put a lid on further market advances.

The stock market is undergoing a macro shift that could threaten its recent gains, according to a Wednesday note from Fairlead Strategies cofounder Katie Stockton.