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Raymond James

Report published July 21, 2026

Up And Adam: Economic Impacts of FIFA World Cup and Canadian Tariffs

Raymond James · July 21, 2026

The report highlights the economic impact of the FIFA World Cup on consumer spending in host cities and notes new 50% tariffs on Canadian imports. Concurrently, geopolitical tensions are driving Treasury yields toward recent highs despite equity market resilience.

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Finvaulta summarizes Raymond James's analysis. Attribute opinions, forecasts, time-sensitive values, and chronology to the issuer and report date; do not treat this page as an independent verification or a current market-data source.

Key Takeaways

  • 1.Consumer spending in US host cities for the FIFA World Cup rose 5.3% YoY, providing a boost to GDP growth.
  • 2.The White House has imposed a 50% tariff on a wide range of imports from Canada.
  • 3.Bond yields are rising due to geopolitical tensions, with the 10-year Treasury closing at 4.60%.

Table of Contents

  • Previous Close
  • Futures
  • Today's Events
  • FIFA World Cup That Hosted A Record-Breaking 48 Teams Provided A Boost To Consumer Spending
  • Happy National Junk Food Day! Sweet Relief For The Cost Of Indulgence
  • A Tariff Surprise From The White House—And More Decisions Are On Deck Later This Week
  • Gasoline Rises Back Above $4.00/Gallon, But A Return To Recent Highs Is Unlikely
  • Iran Headlines Push Treasury Yields Toward Recent Highs
  • Sector Performance
  • Chart of the Day: Treasury Yields Near Recent Highs

Report data

Chart of the Day: Treasury Yields Near Recent Highs — as of July 20, 2026.

MetricEstimateContext
Consumer spending increase in US host cities5.3%Post-FIFA World Cup impact
10-year Treasury yield4.60%Bond market reaction to geopolitical risk
Source: Bank of America credit card data; FactSet. This is a dated model snapshot, not a live forecast.

Reports in this series

Up And Adam is shown in chronological order through this edition, published on July 21, 2026.

Part of the Up And Adam series — view all 19 editions

Looking for the latest edition? Up and Adam (Jul 23, 2026)

  1. Jun 16Up and Adam
  2. Jun 22Up and Adam
  3. Jun 29Up and Adam
  4. Jul 13Up and Adam

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