Daily Rundown
May 8, 2026 Chart of the Day Number of the Day 1.2 - The year-over-year percentage change in unit labor costs in the first quarter, down from 2.4 percent in Q4 and the lowest since the third quarter of 2023 Quote of the Day "What's obviously going on is the macro environment and consumer sentiment. That's not new news, but I think it's fair to say that it's certainly not improving and it may be getting a little bit worse." - McDonald's CEO Chris Kempczinski Thursday's H
Chief Strategist, Bryan Jordan CFA
2 min read
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Daily Rundown
May 7, 2026 Chart of the Day Number of the Day 4.4 - ADP's estimate of the median annual percentage pay increase among job stayers in April, equaling the smallest in nearly five years Quote of the Day "We have risks both on the employment side and on the inflation side. In my understanding, the risks have been shifting towards more risk on the inflation side than the employment side." - St. Louis Fed President Alberto Musalem Wednesday's Highlights ADP's estimate of pri
Chief Strategist, Bryan Jordan CFA
1 min read
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Daily Rundown
May 6, 2026 Chart of the Day Number of the Day 1.6 - The percentage point difference between the unemployment rates for recent college graduates (5.6 percent) and young non-graduates (7.2 percent) in March, down from 2.1 percentage points at the end of last year and a long-term average of 4.7 percentage points Quote of the Day "Spring selling season for the homebuilding construction market is here, but interest rates, inflation, and oil supply issues are keeping buyers on
Chief Strategist, Bryan Jordan CFA
2 min read
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Daily Rundown
May 5, 2026 Chart of the Day Number of the Day 1.63 - The inventory/shipments ratio for electrical equipment in March, equaling the lowest in more than ten years Quote of the Day "We will at some point need to be lowering interest rates to reflect the fact that inflation is lower. Inflation is higher this year than previously expected, so that pushes off a date of lowering interest rates in my view, but it doesn't change that basic story." - New York Fed President John Wi
Chief Strategist, Bryan Jordan CFA
1 min read
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