Ahead of the midterm elections, President Trump says the U.S. economy is soaring, but the numbers show a mixed picture. Inflation was 3.7% over the past 12 months in the last CPI report before Election Day, having slowed until new tariffs in April 2025 and the Iran war pushed prices up again. GDP has grown a little over 2% a year, and unemployment is 4.2%, but job growth slowed to about 39,000 a month from over 121,000 before Trump returned to the White House. The 10-year Treasury yield is above 5%, its highest since 2002, raising borrowing costs, while the S&P 500 is up about 12% this year. Gains are concentrated: the top 0.1% of households added $5.5 trillion in wealth in 18 months, versus $380 billion for the bottom 50%, an average of $5,600 for the bottom half of households.
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DXY
• NeutralRelevance: low
| Market | Currencies |
|---|---|
| Close on 10/20/2026 | 101.70 |
| Change that session | -0.28% |
SPY
• NeutralSPDR S&P 500 ETF
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/20/2026 | 769.05 |
| Change that session | +0.34% |
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