TRA Macro Tracking Index

Current Outlook

There is broad market optimism with rising equities and falling yields and the dollar. How long will it last remains unclear, but labor market data later this week for July should shed some helpful light on the state of the economy.

Stay tuned for more details all week as always.

Variable + DateValueDirection
Macro Indicators as of August 4,, 2026
10 Year Yields14.64↓ Down
U.S. Dollar Index299.895↓ Down
Consumer Confidence as of July 17, 2026
MSCI354.4↑ Up
Conference Board491.2→ Flat
GDP as of August 3, 2026
GDPNow56.2%↑ Up
Unemployment as of July 2, 2026
Unemployment64.2%↓ Down
Inflation as of July 30, 2026
Core PCE73.3%↓ Down
Containerized Freight Index as of August 3, 2026
TSI8136.7↓ Down