Macroscope
Macro regime monitor tracking 24 economic indicators from the Federal Reserve (FRED). Each indicator is percentile-ranked over a configurable lookback window and normalized to a -50 to +50 scale. Positive scores signal expansion or risk-on conditions; negative scores signal contraction or risk-off.
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Growth+29.2
Chicago Fed Activity
+16.7-0.11
Consumer Sentiment
+50.056.6
Nonfarm Payrolls
+50.0178K
Industrial Production
-16.71.44% YoY
Initial Claims
+45.8202K
Inflation-1.2
CPI YoY
+16.72.43%
Core PCE YoY
-50.03.06%
5Y Breakeven
+45.02.61%
PPI YoY
-16.73.22%
Rates & Policy+1.9
Fed Funds Rate
+50.03.64%
US 10Y Yield
+43.34.31%
2s10s Spread
-44.20.51%
Real Rate (10Y TIPS)
-41.71.97%
Risk Appetite-40.0
VIX
-36.324.5
HY OAS Spread
-33.63.17%
Financial Conditions
-50.0-0.43
Liquidity+40.6
M2 Money Supply YoY
+50.04.88%
Fed Balance Sheet
+50.06.68$T
Reverse Repo
+48.30.3$B
Treasury General Acct
+14.0848$B
FX & Commodities-0.6
Dollar Index (TWI)
-25.9120.9
EUR/USD
-43.11.1520
WTI Crude
+50.0104.7$/bbl
Copper
+16.75.88$/lb
Macro Regime
MILD RISK-ON+7.9
-50 RISK-OFF0RISK-ON +50
Category Averages
■ Growth+29.2
■ Inflation-1.2
■ Rates & Policy+1.9
■ Risk Appetite-40.0
■ Liquidity+40.6
■ FX & Commodities-0.6
Indicator Heatmap
+17
+50
+50
-17
+46
+17
-50
+45
-17
+50
+43
-44
-42
-36
-34
-50
+50
+50
+48
+14
-26
-43
+50
+17
Updated: 4/5/2026, 9:11:33 AM
Data sourced from FRED (Federal Reserve Economic Data). Updated daily after US market close. Indicators include ISM PMI, CPI, PCE, VIX, credit spreads, treasury yields, and more. Normalization uses percentile ranking over the selected lookback window. This is for informational purposes only and does not constitute investment advice.