Daily Rundown
May 19, 2026 Chart of the Day Number of the Day 5.3 - The New York Fed's capital spending index for services in May, up from 2.9 in the prior month and the highest since November 2024 Quote of the Day "The housing market remains soft, as higher mortgage rates, rising gas prices, and economic uncertainty related to the war in Iran continue to dampen buyer demand." - National Association of Home Builders Chairman Bill Owens Monday's Highlights The NAHB's home builder sent
Chief Strategist, Bryan Jordan CFA
2 min read
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Daily Rundown
May 18, 2026 Chart of the Day Number of the Day -0.2 - The percentage decline in 18 occupations identified by the BLS as exposed to AI between May 2024 and May 2025. Excluding medical secretaries, the drop was 1.6 percent (overall employment grew by 0.8 percent during this period) Quote of the Day "To be blunt, work that we would usually do with people with master's and PhDs in finance over the course of weeks or months is being done by AI agents over the course of hours
Chief Strategist, Bryan Jordan CFA
2 min read
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Daily Rundown
May 15, 2026 Chart of the Day Number of the Day 4 - Consecutive monthly sales increases of at least 1.0 percent at electronics stores, only the second such streak since 2003 Quote of the Day "I don't see there's any reason at all to raise rates right now or to lower rates right now." - New York Fed President John Williams Thursday's Highlights Initial unemployment claims (week of 5/3) rose by 12,000 to 211,000. Retail sales (April) moved higher by 0.5 percent, both over
Chief Strategist, Bryan Jordan CFA
2 min read
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Daily Rundown
May 14, 2026 Chart of the Day Number of the Day 49.0 - The share of adults under the age of 30 living with a parent in 2025, up from 43.0 percent in 2022 and 37.0 percent in 2019 Quote of the Day "More than five years of above-target inflation has reduced my patience for 'looking through' another supply shock." - Boston Fed President Susan Collins Wednesday's Highlights Kevin Warsh was confirmed as chair of the Federal Reserve by a 54-45 Senate vote. The PPI (April) ro
Chief Strategist, Bryan Jordan CFA
2 min read
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