Talos Guides
Market Data
Use FRED and public economic context without overclaiming property-level value.
Purpose
Market data gives context for assumptions, rates, and broader economic conditions.
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When to use it
Rates or macro context affect assumptions.
Market data appears stale or unavailable.
A report needs source context.
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Inputs needed
Configured FRED key
Network access
Series availability
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How to read the output
Series publish on different schedules.
Stale labels matter.
Market context does not value a property by itself.
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Common mistakes
Using macro data as a direct comp.
Ignoring stale states.
Assuming every series updates daily.
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Next steps
Valuation
DCF
Assumption notes
Professional note
FRED and public market data may be delayed, revised, incomplete, or unavailable.