TRA Macro Tracking Index
Current Outlook
Stronger than expected hiring and a larger labor market participation rate drove unemployment lower in October, which sets the stage for a potential rate hike in December. So far, credit markets are processing this data along with Thursday's AI and tech sell off with tepid movement. Prepare for some continued bumpy times ahead.
Have a great weekend!
| Variable + Date | Value | Direction |
|---|---|---|
| Macro Indicators as of November 6, 2026 | ||
| 10 Year Yields1 | 4.849 | ↓ Down |
| U.S. Dollar Index2 | 102.167 | ↑ Up |
| Consumer Confidence as of October 27, 2026 | ||
| MSCI3 | 48 | ↓ Down |
| Conference Board4 | 91.7 | ↑ Up |
| GDP as of November 4, 2026 | ||
| GDPNow5 | 3.4 | ↓ Down |
| Unemployment as of November 6, 2026 | ||
| Unemployment6 | 4.1% | ↓ Down |
| Inflation as of October 29, 2026 | ||
| Core PCE7 | 3.1% | ↓ Down |
| Containerized Freight Index as of November 1, 2026 | ||
| TSI8 | 134.4 | ↑ Up |