Daily Rundown
March 24, 2026 Chart of the Day Number of the Day 12 - Consecutive monthly declines in private construction spending on manufacturing facilities, the longest such streak in the 33-year history of the series Quote of the Day "We could be back to the environment with multiple rate cuts for the year if inflation behaves. I could see circumstances where we would need to raise rates if it was going a different way, and inflation was getting out of control." - Chicago Fed Pres
Chief Strategist, Bryan Jordan CFA
1 min read
Daily Rundown
March 23, 2026 Chart of the Day Number of the Day 2.9 - The Dallas Fed's estimate of the reduction in annualized global GDP growth in the second quarter should Strait of Hormuz oil shipments remain halted through June Quote of the Day "The reality is, jet fuel prices have more than doubled in the last three weeks. If prices stayed at this level, it would mean an extra $11 billion in annual expense just for jet fuel. For perspective, in United's best year ever, we made le
Chief Strategist, Bryan Jordan CFA
2 min read
Daily Rundown
March 20, 2026 Chart of the Day Number of the Day 9.7 - The months of supply of new homes on the market in January, up from 8.0 in the prior month and the most since late 2022 Quote of the Day "And at this point, we are assuming that the broader global demand from (fiscal) Q3 continues into Q4, and our first two weeks of March are essentially in line with that trend." - FedEx CEO Rajesh Subramaniam Thursday's Highlights Initial unemployment claims (week of 3/8) fell b
Chief Strategist, Bryan Jordan CFA
2 min read
Daily Rundown
March 19, 2026 Chart of the Day Number of the Day 1 - The FOMC continues to expect one 25-basis point rate cut in 2026 Quote of the Day "The economic effects could be bigger, they could be smaller. They could be much smaller or much bigger. We just don't know." - Federal Reserve Chair Jerome Powell on the war in the Middle East Wednesday's Highlights The FOMC held the federal funds target steady at a range of 3.50-3.75 percent. The PPI (February) rose by 0.7 percent o
Chief Strategist, Bryan Jordan CFA
2 min read




