TRA Macro Tracking Index
Current Outlook
The bond market generally shrugged at the announcement that President Trump would nominate Kevin Warsh as the new Chair of the Federal Reserve. So perhaps that suggests he won't be as dovish on rates as perhaps the President hopes.
Yields rose over the weekend, along with the dollar. And speculation around precious metals like Gold and Silver is correcting following a speculative bubble in Asia.
Have a great week and stay tuned.
| Variable + Date | Value | Direction |
|---|---|---|
| Macro Indicators as of February 2, 2026 | ||
| 10 Year Yields1 | 4.275 | ↑ Up |
| U.S. Dollar Index2 | 97.565 | ↑ Up |
| Consumer Confidence as of January 27, 2026 | ||
| MSCI3 | 56.4 | ↑ Up |
| Conference Board4 | 84.5 | ↓ Down |
| GDP as of February 2, 2026 | ||
| GDPNow5 | 4.2 | → Flat |
| Unemployment as of January 9, 2026 | ||
| Unemployment6 | 4.4% | ↑ Up |
| Inflation as of January 22, 2025 | ||
| Core PCE7 | 2.80% | ↑ Up |
| Containerized Freight Index as of December 10, 2025 | ||
| TSI8 | 136.5 | → Flat |