TRA Macro Tracking Index

Current Outlook

We've been updating this page for a little over a year, and it seems like now is the time that credit markets are beginning to really crack. There's no real slowing of momentum on the U.S. government rising bond yields. Unlike Liberation Day tariffs, there is no easy way to back out of the oil jam the world currently finds itself in. Stagflation is the market headline, and not a subtle whisper like it used to be.

Stay tuned as more details drop this week.

Variable + DateValueDirection
Macro Indicators as of May 19, 2026
10 Year Yields14.673↑ Up
U.S. Dollar Index299.406↑ Up
Consumer Confidence as of May 8, 2026
MSCI348.2↓ Down
Conference Board492.8↑ Up
GDP as of May 14, 2026
GDPNow54.0%↑ Up
Unemployment as of May 8, 2026
Unemployment64.3%→ Flat
Inflation as of April 30, 2026
Core PCE73.2%↑ Up
Containerized Freight Index as of May 1, 2026
TSI8139.8↑ Up