TRA Macro Tracking Index
Current Outlook
Markets are reacting favorably to the limited scope of further economic isolation for Japan, with yields and the dollar both coming down (first time they moved together for a week). That said, consumer confidence edged lower again according to the Conference Board Survey released today (unsurprising given inflation and higher fuel costs and a shrinking labor market).
Stay tuned for more updates this week!
| Variable + Date | Value | Direction |
|---|---|---|
| Macro Indicators as of August 25, 2026 | ||
| 10 Year Yields1 | 4.641 | ↓ Down |
| U.S. Dollar Index2 | 98.919 | ↓ Down |
| Consumer Confidence as of August 25, 2026 | ||
| MSCI3 | 51.0 | ↓ Down |
| Conference Board4 | 89.4 | ↓ Down |
| GDP as of August 18, 2026 | ||
| GDPNow5 | 4.0% | ↓ 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 |