Economic Indicators
The economy and market risk, updated hourly from FRED. Hover a chart for exact readings.
Economy
Inflation, jobs, interest rates and growth.
CPI Inflation
Consumer prices, % change from a year ago
Unemployment Rate
Share of the labor force without a job
Fed Funds Rate
Effective federal funds rate, monthly average
10-Year Treasury Yield
Market yield on 10-year Treasuries, weekly average
Real GDP Growth
Quarterly change, seasonally adjusted annual rate
Market Risk
How nervous stock and bond investors are right now.
VIX Volatility Index
Expected 30-day S&P 500 volatility, daily close
What it means: A rising VIX means traders expect bigger stock swings ahead: readings above 30 usually signal fear, while readings below 15 signal calm or even complacency.
Corporate Credit Spreads
Extra yield over Treasuries (option-adjusted), daily close
What it means: Widening spreads mean lenders are demanding more pay to take on corporate risk, an early warning of economic stress that often shows up before stocks fall.
Baa Corporate Spread
Moody's Baa corporate bond yield minus 10-year Treasury, daily
What it means: This long-running gauge of corporate credit risk tends to jump heading into recessions, so a steady climb suggests the bond market sees trouble coming.
Margin Debt
Money investors have borrowed from brokers to buy securities, monthly
What it means: Rising margin debt means investors are borrowing more to bet on stocks, and record highs can signal overconfidence that turns into forced selling when markets drop.