The Macro Trifecta We Watch
- The S&P 500 captures profit expectations and the equity risk premium. We watch not just the index level, but also breadth—when more stocks advance, the trend is healthier and more durable.
- The 10-Year Treasury yield drives the cost of capital and valuation math; even a 25–50 basis point swing can add or shave entire turns from P/E multiples.
- The U.S. Dollar acts like a “shadow rate.” A stronger dollar tightens global liquidity, pressures commodities, and reduces translated earnings for U.S. firms.
Together, these three benchmarks form a quick read on financial conditions—the difference between a market that rewards risk and one that punishes it.
Prosperiax Trusted Sources
Independent, high-signal finance and macro research we actually read.
Bureau of Labor Statistics
Employment, CPI, and wage data underpinning labor and inflation insights.
FRED (St. Louis Fed)
Comprehensive economic data series we use to chart growth, inflation, and rates.
Bureau of Economic Analysis
GDP, PCE, and income data that frame U.S. growth and spending trends.
Dallas Fed Trimmed Mean PCE
A core inflation gauge filtering out extremes for a clearer trend signal.
Energy Information Administration
Oil, gas, and energy statistics tying directly into inflation and market dynamics.
University of Michigan Surveys
Consumer sentiment and inflation expectations shaping household outlooks.