TRA Macro Tracking Index
Current Outlook
Wrapping up an eventful week. More tariffs, more war, and more instability for the foreseeable future. That being said, yields and the dollar eased slightly over the last 24 hours as markets reconcile how the new tariffs and oil pricing pressures will ripple through our economy and impact the consumer and other key stakeholders.
Next week we will get our June PCE inflation updates, along with consumer sentiment data. Stay tuned as we head into the last week of July!
| Variable + Date | Value | Direction |
|---|---|---|
| Macro Indicators as of July 24, 2026 | ||
| 10 Year Yields1 | 4.659 | ↓ Down |
| U.S. Dollar Index2 | 101.345 | ↓ Down |
| 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 |