US Macro Pressure

Check whether Nasdaq and Dow are rising through inflation, real-rate, yield-curve, and labor pressure.

US pressure score

47

Low pressureNeutralHigh pressure

Neutral

A higher score means macro pressure is less friendly for US growth stocks.

Data confidence87

2026.09.08 22:55 KST

Dashboard use standard

Dashboards are checklists, not conclusions.

TapeFlow dashboards split market regime, macro pressure, and sector flow into separate questions. Readers are not asked to follow one score; they can compare component indicators, latest dates, data confidence, and related radar views before sizing risk.

Component indicators and latest dates
Confidence and data gaps
Related radar and detail pages

US Commercial and Industrial Loans

2,899 bn USD

2026-07-01

US Personal Saving Rate

3.00 %

2026-07-01

US Capacity Utilization

76.29 %

2026-07-01

US CPI YoY

3.54 %

2026-07-01

Real Nasdaq

NASDAQ real return index

NASDAQ = 100Real NasdaqInflation drag

Macro overlay

US macro overlay

Linked indicators

NASDAQ Composite

26,507 pt · 2026-09-04

Dow Jones

53,414 pt · 2026-09-04

S&P 500

7,719 pt · 2026-09-04

US Commercial and Industrial Loans

2,899 bn USD · 2026-07-01

US Personal Saving Rate

3.00 % · 2026-07-01

US Capacity Utilization

76.29 % · 2026-07-01

US CPI YoY

3.54 % · 2026-07-01

Fed Funds Rate

3.63 % · 2026-08-01

US Real Fed Funds Rate Proxy

0.09 % · 2026-08-01

US 10Y-2Y Spread

0.41 pp · 2026-09-04

US Unemployment Gap

0.00 pp · 2026-08-01

US Real GDP YoY

2.10 % · 2026-04-01

US Treasury 10Y

4.63 % · 2026-08-04

US Treasury 2Y

4.20 % · 2026-08-04

US High Yield OAS

2.65 % · 2026-09-03

US Investment Grade OAS

0.81 % · 2026-09-03

US M2 Money Stock YoY

5.53 % · 2026-06-01

US Initial Jobless Claims

199,000 claims · 2026-08-01

US Continued Jobless Claims

1,801,000 claims · 2026-07-25

US Retail Sales YoY

6.72 % · 2026-06-01

US Industrial Production YoY

1.14 % · 2026-06-01

US PCE Inflation YoY

3.67 % · 2026-06-01

US Core PCE YoY

3.29 % · 2026-06-01

US Consumer Sentiment

49.50 idx · 2026-06-01

US Housing Starts

1,427 k · 2026-06-01

US Building Permits

1,374 k · 2026-06-01

US Nonfarm Payrolls YoY

0.32 % · 2026-06-01

US Job Openings

7,359 k · 2026-06-01

US 30Y Mortgage Rate

6.71 % · 2026-09-03

US Fed Balance Sheet

6.74 tn USD · 2026-09-02

US Fed Reverse Repo

0.68 bn USD · 2026-09-04

US Core CPI YoY

2.79 % · 2026-07-01

US Labor Force Participation

61.60 % · 2026-08-01

US Federal Debt

39.07 tn USD · 2026-01-01

US 10Y-3M Spread

0.87 %p · 2026-09-04

US 30Y Treasury

5.24 % · 2026-09-04

US 10Y Breakeven

2.35 %p · 2026-09-04

US 5Y Treasury

4.54 % · 2026-09-04

US 3M Treasury

3.91 % · 2026-09-04

US 10Y Real Yield

2.43 % · 2026-09-04

US 1Y Treasury

4.13 % · 2026-09-04

US 20Y Treasury

5.25 % · 2026-09-04

US 5Y Real Yield

2.17 % · 2026-09-04

US 5Y Breakeven

2.37 % · 2026-09-04

US 5y5y Forward Inflation

2.33 % · 2026-09-04

US 7Y Treasury

4.65 % · 2026-09-04

US 30Y Real Yield

2.96 % · 2026-09-04

US Sahm Rule

-0.07 %p · 2026-08-01

US Case-Shiller Index

331.9 idx · 2026-06-01

US Median Home Price

410.7 k USD · 2026-04-01

US Vehicle Sales

17.19 mn units · 2026-08-01

Readout

A higher score means macro pressure is less friendly for US growth stocks.

High real Fed Funds and a flat or inverted 10Y-2Y curve make Nasdaq strength harder to trust.

The unemployment gap helps check whether labor-market cracks are already priced into equities.