One score. Top drivers. Seven module breakdowns. Built to help you track whether the macro backdrop is improving, deteriorating, or simply holding steady.
Summarize the current backdrop with one composite score, the prevailing regime, and recent change so you can judge whether conditions have materially shifted.
Surface the factors contributing most to recent improvement and deterioration, so the primary source of change is clear.
Decompose the backdrop into liquidity, funding, Treasury, rates, credit, risk, and external shocks to localize where the move is concentrated.
Place current conditions back into a rolling historical range to distinguish normal fluctuation, meaningful deviation, and genuinely extreme readings.
Support ongoing monitoring with threshold alerts, smart alerts, and digest emails, reducing the need for repeated manual checks.
When the snapshot moves, drill into the module and factor layers to see where the change is coming from.
Measures the availability and flow of money through the financial system. Tracks Fed balance sheet dynamics, bank reserves, net liquidity momentum, TGA deviations, and ON RRP buffer exhaustion risk.
Daily feeds aggregate Treasury yields, credit spreads, volatility indices, FX rates, and 47 total series, automatically synchronized from institutional-quality sources.
Scored factors are standardized against a rolling 5-year history, then interpreted through different logic for levels, deviations, target-distance signals, and shock-only series before rolling up into module scores and the composite.
Start with the composite to judge whether the backdrop has turned, then use top drivers and module breakdowns to locate the source. When thresholds are reached, alerts help reduce how often you need to check manually.
Confirm whether the macro backdrop is improving, deteriorating, or broadly unchanged before reviewing market or asset performance.
Track funding, credit, volatility, and external-shock pressures as part of an ongoing risk-monitoring process.
Provide a structured macro context for users who would otherwise work across scattered pages, spreadsheets, and ad hoc scripts.
Different approaches serve different needs. The Dial focuses on organizing public data into a structured daily conditions snapshot.
| Approach | Limitation | How The Dial Helps |
|---|---|---|
| Public data portals and government databases | Data scattered across multiple pages; requires manual normalization and comparison | 47 factors automatically synchronized, structured in a unified view |
| Professional terminal subscriptions | Comprehensive but cost-prohibitive for individual researchers and observers | Core macro views free; Pro plan at $12.90/month |
| DIY solutions (Excel / Python scripts) | High maintenance cost, scripts become outdated, difficult to keep current | Daily automatic updates, zero maintenance, ready to use instantly |
Start free, no credit card required. Upgrade when you need 7D drivers, full factor overview, Watchboard, smarter alerts, and longer history.
Today’s snapshot, Today Brief, Module Pulse, a 1D drivers preview, a 30-day history window, and 3 threshold alerts.
7D drivers, full factor overview, Watchboard, smarter alerts, full analysis views, and exports.
The Dial starts by telling you whether the macro backdrop has changed, then shows the main drivers and module breakdowns so you can decide how deep to go.
Use The Dial as your first daily macro check. Start with the composite score, regime, and Today Brief to judge whether conditions have actually shifted. Then use Module Pulse to see which sleeves are moving, and move to Top Drivers only when you need to locate the source more precisely. When something approaches an extreme zone, alerts help reduce how often you need to check manually.
The Free plan gives you today’s snapshot, the full Today Brief, Module Pulse, a 1D drivers preview, all 7 modules, a 30-day history window, and 3 threshold alerts. Pro unlocks 7D drivers, the full factor overview, 3-year history, percentile analysis, factor velocity and momentum, Watchboard, smart alerts, full analysis views, and exports.
The Conditions Score is a 0–100 historical percentile built from 30 scored factors. A reading near 50 means conditions are roughly at their median over the rolling 5-year window. Higher readings generally indicate a more supportive backdrop, while lower readings indicate a more restrictive one. It answers where today sits relative to history and helps frame the current direction of change.
The composite is the top-level backdrop summary. It is meant to answer whether macro conditions overall are improving, deteriorating, or broadly unchanged. Module scores break that answer back into liquidity, funding, Treasury, rates, credit, risk, and external shocks so you can see where the move is coming from. One is the overview; the others are the location layer.
The system processes 47 macro and market series each day, but only the 30 factors with stable scoring semantics feed directly into the score. Each scored factor is standardized against a rolling 5-year history, but not every factor uses the same interpretation: some are level-based, some are judged by deviation from normal, some are scored around a policy or market anchor, and a small set of shock-type factors only matter when conditions become meaningfully abnormal.
Each module starts from a base weight, then the effective weight is adjusted when several modules convey highly overlapping information so the same stress is not counted multiple times. The goal is broad coverage with minimal redundancy.
The data updates on a daily refresh cycle, but not every underlying series prints at the same cadence. The product rolls forward as new values become available and keeps a clear “last updated” signal in the interface. Market-based series such as Treasury yields, credit proxies, and volatility measures move in faster, while weekly or monthly releases enter the composite on their own natural schedule.
It has clear limits and can be affected by data revisions, missing releases, publication lags, and the assumptions built into any quantitative framework. The Dial works best as a structured benchmark and monitoring layer that explains where conditions sit relative to history and where the change is coming from. Price direction and timing still require other forms of analysis.
Start monitoring macro conditions today. No credit card needed.
Get Started FreeEducational and research purposes only. Not professional advice.