TRA Macro Tracking Index

Current Outlook

Equity markets are getting shaky, so that of course means a modest pivot to fixed income, bringing yields on the 10-year down as well as a modest weakening of the dollar. Plus a new Fed Governor that the President is targeting for removal likely to improve the chances of lower interest rates. These overtures should send more stagflationary signals to the market if the materialize.

Stay tuned as always!

Variable + DateValueDirection
Macro Indicators as of August 20, 2025
10 Year Yields14.277↓ Down
U.S. Dollar Index298.14↓ Down
Consumer Confidence as of August 15, 2025
MSCI358.6↓ Down
Conference Board497.2↑ Up
GDP as of August 19, 2025
GDPNow52.3↓ Down
Unemployment as of August 1, 2025
Unemployment64.2%↑ Up
Inflation as of July 31, 2025
Core PCE72.80%↑ Up
Containerized Freight Index as of June 30, 2025
TSI8137→ Flat