Market condition index · Current read
Macro surprise and activity pulse gauge blending labor, inflation, rates, commodities, equity risk appetite, and volatility. Rising MSPM indicates macro surprises beating trend and supportive risk/liquidity conditions.
47.7 points below the 50-normal line. This locates the selected condition; it is not a forecast. From one official close publication; stale selected read.
Official closes earn richer presentation. The selected current read is never spliced into certified history.
One point is not a trend and is never connected to the current read.
Only exact governed relationships are navigable. Shared tickers and price moves never create a link.
No Basket, Narrative, or Asset context is inferred from inputs, tickers, price moves, or static “related” lists.
Declared weights explain construction. They do not claim today's contribution or causal impact.
| Input | Source | Formula role | Weight | Cadence |
|---|---|---|---|---|
| ICSA | fred | Macro · inverse | 10% | Weekly |
| DGS10 | fred | Macro · positive | 15% | Daily |
| DCOILWTICO | fred |
Informational only — not investment advice. MarketSchema is not a registered investment adviser. Condition Percentile reads and indexes are quantitative measurements derived from public market data, not recommendations to buy or sell any security.
| Macro · positive |
| 10% |
| Daily |
| DTWEXBGS | fred | Macro · inverse | 8% | Daily |
| SPY | polygon | Price · positive | 14.0% | Intraday |
| CPER | polygon | Price · positive | 8% | Intraday |
| XLI | polygon | Price · positive | 7.0% | Intraday |
| VIX | cboe_polygon | Price · inverse | 13% | Intraday |
| PAYEMS | fred | Macro · positive | 6% | Monthly |
| CPIAUCSL | fred | Macro · positive | 5% | Monthly |
| RSAFS | fred | Macro · positive | 4% | Monthly |