MacrolyzedA 5-minute weekly brief on the economy and markets, made for you.

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Every indicator on the site, by theme, each with its chart. Tap one to open it; this week's brief is here.

Indicator As of Latest 1Y change vs avg History This week
US stock market (S&P 500) Stocks 10/22/26 7,663 ▲ +13.7% +82.6%
Tech's worst week since June broke the market's narrow leadership; record profits are the main support left.
  • The Nasdaq-100 fell 5.5% this week to 29,188 (Oct 16); tech against the whole market fell 3.6%, about three times its usual week.
  • The driver is debt: worry that AI companies reliant on borrowing cannot keep spending at multi-year-high yields; twenty big AI stocks shed over $1 trillion.
  • Corporate profits growth of 26.6% (Q2) is the best since Q2-2021 and margins of 13.1% a record; the VIX at 20.0 is anxious, not stormy.
  • The Shiller CAPE at 40.6 (September) is more than double its long-run average near 17, a level that has preceded below-average decade returns.
Tech-heavy stocks (Nasdaq-100) Stocks 10/22/26 28,959 ▲ +15.4% +110.9%
Market fear gauge (VIX) Stocks 10/23/26 19.6 ▲ +19.8% +5.1%
US mid-size companies Stocks 10/22/26 $72.8 ▲ +12.4% +57.4%
US small companies Stocks 10/22/26 $138.6 ▲ +16.9% +54.6%
Developed-world stocks (ex-US) Stocks 10/22/26 $69.3 ▲ +16.5% +66.2%
Emerging-market stocks Stocks 10/22/26 $56.8 ▲ +5.9% +43.6%
Shiller CAPE (10-year P/E) Stocks September 2026 40.6 ▲ +5.2% +24.8%
Earnings yield on 10-year profits (CAPE) Stocks September 2026 2.46% ▼ -13 bps -66 bps
Stocks' real extra return over TIPS Stocks Lowest since the data begins (2003) September 2026 -0.47% ▼ -126 bps -283 bps
Private equity (listed funds) Stocks 10/22/26 $57.20 ▼ -11.2% +22.4%
Tech-heavy stocks against the whole market Stocks 10/22/26 169 ▲ +1.5% +21.3%
Corporate profits growth Stocks Highest since Q2-2021 Q2-2026 26.6% ▲ +2,745 bps +1,880 bps
Corporate profit margins Stocks Highest since the data begins (1947) Q2-2026 13.1% ▲ +211 bps +226 bps