Daily Rundown
July 22, 2026 Chart of the Day Number of the Day 20.0 D.R. Horton’s cancellation rate in the second quarter, up from 17.0 percent a year ago, and equaling the highest since mid-2023 Quote of the Day “As we look at the overall energy price environment, it really hasn’t impacted us. We’re still selling full-size SUVs as quickly as we can make them.” General Motors CEO Paul Jacobson Tuesday’s Highlights The Philadelphia Fed non-manufacturing index (July) jumped to 7.4 from a pri
Chief Strategist, Bryan Jordan CFA
1 min read
Daily Rundown
July 21, 2026 Chart of the Day Number of the Day 45 The decline in the index of leading economic indicators in June was the 45th since the current expansion began in 2020. Prior to this cycle, the LEI had never fallen more than 25 times in any expansion. Quote of the Day “The Fed needs to step up and tighten monetary policy.” Former New York Fed President Bill Dudley Monday’s Highlight The index of leading economic indicators (June) fell 0.2 percent, led lower by consumer exp
Chief Strategist, Bryan Jordan CFA
1 min read
Daily Rundown
July 20, 2026 Chart of the Day Number of the Day 532,000 The annualized pace of multifamily housing starts in June, up 76.2 percent on the month and the highest level since March 2023 Quote of the Day “In a scenario where actual inflation does not start to cool down soon, I believe that it could be appropriate to reconsider our current policy stance.” Federal Reserve Vice Chair Philip Jefferson Friday’s Highlights Housing starts (June) jumped by 19.0 percent thanks to a surge
Chief Strategist, Bryan Jordan CFA
2 min read


Daily Rundown
July 17, 2026 Chart of the Day Number of the Day 18 The yearly percentage change in nonstore retail sales in June, the fastest pace since April 2021 Quote of the Day “I currently believe modestly higher interest rates would better balance the outlook and risks.” Dallas Fed President Lorie Logan Thursday’s Highlights Initial unemployment claims (week of 7/5) fell by 8,000 to a two-month low 208,000. Retail sales (June) rose by 0.2 percent overall and 0.5 percent in the core co
Chief Strategist, Bryan Jordan CFA
2 min read




