TRA Macro Tracking Index
Current Outlook
PPI prints this morning reveal that wholesale inflation is also on the downswing, reinforcing the message that yesterday's CPI print illustrated. Core inflation is easing, tho still well comfortably above the Fed's 2% target and higher than GDP growth.
Stay tuned as always.
| Variable + Date | Value | Direction |
|---|---|---|
| Macro Indicators as of August 13, 2026 | ||
| 10 Year Yields1 | 4.639 | ↓ Down |
| U.S. Dollar Index2 | 99.89 | → Flat |
| Consumer Confidence as of August 4, 2026 | ||
| MSCI3 | 55.2 | ↑ Up |
| Conference Board4 | 90.8 | ↓ Down |
| GDP as of August 4, 2026 | ||
| GDPNow5 | 5.8% | ↓ Down |
| Unemployment as of August 7, 2026 | ||
| Unemployment6 | 4.1% | ↓ Down |
| Inflation as of July 30, 2026 | ||
| Core PCE7 | 3.3% | ↓ Down |
| Containerized Freight Index as of August 3, 2026 | ||
| TSI8 | 136.7 | ↓ Down |