TRA Macro Tracking Index
Current Outlook
Yields and the dollar are down a bit from yesterday's highs. CPI cooled in June, but that is not likely to last given the conflict in Iran resuming in July. It's helpful to remember that inflation continues to outpace GDP growth, so price levels across the spectrum continue to weigh on macro conditions.
Check back for more updates this week!
| Variable + Date | Value | Direction |
|---|---|---|
| Macro Indicators as of July 14, 2026 | ||
| 10 Year Yields1 | 4.571 | ↓ Down |
| U.S. Dollar Index2 | 100.69 | ↓ Down |
| Consumer Confidence as of July 6, 2026 | ||
| MSCI3 | 49.5 | ↑ Up |
| Conference Board4 | 91.2 | → Flat |
| GDP as of July 7, 2026 | ||
| GDPNow5 | 1.3% | ↑ Up |
| 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 |