TRA Macro Tracking Index
Current Outlook
Yields spiked markedly overnight, along with the dollar on a more pessimistic outlook for oil markets and the conflict in Iran. Ten Year yields are above 4.5% while the dollar advanced relative to other currencies. Credit markets are beginning to shout more loudly about the challenges ahead.
Stay tuned next week as more consumer confidence details will be released. Have a great weekend!
| Variable + Date | Value | Direction |
|---|---|---|
| Macro Indicators as of May 15, 2026 | ||
| 10 Year Yields1 | 4.558 | ↓ Down |
| U.S. Dollar Index2 | 99.22 | ↑ Up |
| Consumer Confidence as of May 8, 2026 | ||
| MSCI3 | 48.2 | ↓ Down |
| Conference Board4 | 92.8 | ↑ Up |
| GDP as of May 5, 2026 | ||
| GDPNow5 | 3.7% | → Flat |
| Unemployment as of May 8, 2026 | ||
| Unemployment6 | 4.3% | → Flat |
| Inflation as of April 30, 2026 | ||
| Core PCE7 | 3.2% | ↑ Up |
| Containerized Freight Index as of May 1, 2026 | ||
| TSI8 | 139.8 | ↑ Up |