TRA Macro Tracking Index
Current Outlook
Credit markets are not overly reacting to the latest tariff policies implemented by the Trump administration. Equity markets are responding to both the tariff policies and AI fears. Perhaps this week's State of the Union address will give more insights into future U.S. trade and fiscal policies, and potentially monetary wishes with the new Fed chair.
Stay tuned for more insights as they come!
| Variable + Date | Value | Direction |
|---|---|---|
| Macro Indicators as of February 23, 2026 | ||
| 10 Year Yields1 | 4.029 | ↓ Down |
| U.S. Dollar Index2 | 97.715 | ↓ Down |
| Consumer Confidence as of February 20, 2026 | ||
| MSCI3 | 56.6 | ↓ Down |
| Conference Board4 | 84.5 | ↓ Down |
| GDP as of February 19, 2026 | ||
| GDPNow5 | 3.0 | ↓ Down |
| Unemployment as of February 11, 2026 | ||
| Unemployment6 | 4.3% | ↓ Down |
| Inflation as of February 20, 2026 | ||
| Core PCE7 | 2.90% | ↑ Up |
| Containerized Freight Index as of February 2, 2026 | ||
| TSI8 | 138.5 | ↑ Up |