Capital Market Expectations

Macro Dashboard

Live economic data from the Federal Reserve, combined with your macro view, to derive forward-looking return expectations and implied asset allocation for each asset class.

CFA Level III · Capital Market Expectations Framework
Loading live data from FRED...
Your macro view — adjust from live baseline
Real GDP growthLive: —
2.5%—
CPI inflationLive: —
3.0%—
Fed funds rateLive: —
4.5%—
10Y Treasury yieldLive: —
4.25%—
IG credit spreadLive: —
1.0%—
Unemployment rateLive: —
4.0%—
Implied asset allocation weights
Expected returns — all asset classes
Expected returns by asset class.
Data source: Live macro indicators from FRED (Federal Reserve Bank of St. Louis). GDP: GDPC1 (annualized QoQ%). CPI: CPIAUCSL (YoY%). Fed funds: FEDFUNDS. 10Y Treasury: GS10. IG spread: BAMLC0A0CM. Unemployment: UNRATE. Expected returns and allocation weights are model-derived estimates using the CFA building-block approach — not forecasts or investment recommendations. For illustrative and educational purposes only.