TRA Macro Tracking Index
Current Outlook
Wider war in Iran and the Middle East appears closer than last week, bringing yields and the dollar higher. Consumer confidence remains weak, but is showing some signs of a modest thaw.
Stay tuned all week for more updates!
| Variable + Date | Value | Direction |
|---|---|---|
| Macro Indicators as of July 20, 2026 | ||
| 10 Year Yields1 | 4.586 | ↑ Up |
| U.S. Dollar Index2 | 101.025 | ↑ Up |
| Consumer Confidence as of July 17, 2026 | ||
| MSCI3 | 54.4 | ↑ Up |
| Conference Board4 | 91.2 | → Flat |
| GDP as of July 17, 2026 | ||
| GDPNow5 | 1.7% | → Flat |
| Unemployment as of July 2, 2026 | ||
| Unemployment6 | 4.2% | ↓ Down |
| Inflation as of June 25, 2026 | ||
| Core PCE7 | 3.4% | ↑ Up |
| Containerized Freight Index as of July 1, 2026 | ||
| TSI8 | 139.6 | ↑ Up |