Daily Rundown
March 26, 2026 Chart of the Day Number of the Day 6.4 - The average 30-year fixed mortgage rate last week, equaling the highest in six months Quote of the Day "I boosted my policy rate by half a percent, not due to oil and Iran, but due to the inflation data that we received." - Federal Reserve Governor Stephen Miran on his outlook for the federal funds target at the end of the year Wednesday's Highlights Import prices (February) rose by 1.3 percent on the month and a
Chief Strategist, Bryan Jordan CFA
2 min read
Daily Rundown
March 25, 2026 Chart of the Day Number of the Day -11.3 - The Philadelphia Fed's non-manufacturing employment index in March, down from 10.6 in February and the lowest in 19 months Quote of the Day "We remain optimistic about the long-term housing market with favorable demographics supporting higher demand over time together with the structural undersupply of homes. Near-term, buyers continue to demonstrate the desire for homeownership and the ability to qualify, althoug
Chief Strategist, Bryan Jordan CFA
2 min read
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




