Daily Rundown
May 27, 2026 Chart of the Day Number of the Day 1.7 - The year-over-year percentage change in FHFA's house price index in the first quarter, the smallest increase since early 2012 Quote of the Day "Uncertainty continues to play a big role in capital expenditure decisions. We are not investing in fixed assets but are focusing all resources on reserves and ongoing operations, outsourcing more and establishing new alliances." - Respondent to the May Dallas Fed manufacturing
Chief Strategist, Bryan Jordan CFA
2 min read
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Daily Rundown
May 26, 2026 Chart of the Day Number of the Day 58.0 - The University of Michigan's household finances index in May, equaling the lowest level in the 48-year history of the series Quote of the Day "I will lead a reform-oriented Federal Reserve." - Federal Reserve Chairman Kevin Warsh Friday's Highlights The University of Michigan consumer sentiment index (May) fell to a record low 44.8 from a prior 48.2. The index of leading economic indicators (April) rose by 0.1 perce
Chief Strategist, Bryan Jordan CFA
1 min read
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Daily Rundown
May 22, 2026 Chart of the Day Number of the Day Less than 10 - Walmart indicated that the average fuel customer purchased less than ten gallons per visit in the most recent quarter, the first single-digit average since 2022 in what the company characterized as "an indication of stress" Quote of the Day "I'm still in a world where everyone I talk to is talking about AI and AI-related job loss." - Richmond Fed President Tom Barkin Thursday's Highlights Initial unemploymen
Chief Strategist, Bryan Jordan CFA
2 min read
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Daily Rundown
May 21, 2026 Chart of the Day Number of the Day 9.6 - Adjustable-rate mortgages as a share of the total in the week of May 9, up from 8.8 percent in the prior week and the highest since last October Quote of the Day "...participants generally judged that the continued elevated inflation readings together with uncertainty related to the duration and economic implications of the Middle East conflict could necessitate maintaining the current policy stance for longer than pre
Chief Strategist, Bryan Jordan CFA
2 min read
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