Daily Rundown
January 12, 2026 Chart of the Day Number of the Day 0.14 - Option-adjusted spread on the Bloomberg MBS index on Friday, down eight basis points on the day and the lowest since May 2021, after President Trump directed Fannie Mae and Freddie Mac to purchase $200 billion in mortgage bonds Quote of the Day "I will oppose the confirmation of any nominee for the Fed -including the upcoming Fed chair vacancy- until this legal matter is fully resolved." - Senator Thom Tillis, on
Chief Strategist, Bryan Jordan CFA
2 min read
Daily Rundown
January 9, 2026 Chart of the Day Number of the Day $29.4 billion - The U.S. trade deficit in October, down from $48.1 billion in the prior month and the lowest since June 2009 Quote of the Day "I'm looking for about a point and a half of cuts (in 2026). A lot of that is driven by my view of inflation." - Federal Reserve Governor Stephen Miran Thursday's Highlights Initial unemployment claims (week of 12/27) rose by 8,000 to 208,000. The trade deficit (October) narrow
Chief Strategist, Bryan Jordan CFA
2 min read
Daily Rundown
January 8, 2026 Chart of the Day Number of the Day 3.2 - Hirings in November as a share of total employment, down from 3.4 percent in the prior month and equaling the lowest rate since the recession in 2020 Quote of the Day "Annual pricing markups from key service and data providers are higher than they've been for many years," - Respondent to the December ISM services survey Wednesday's Highlights The ISM services index (December) rose by 1.8 points to a 14-month hig
Chief Strategist, Bryan Jordan CFA
2 min read
Daily Rundown
January 6, 2026 Chart of the Day Number of the Day 2 - Number of manufacturing industries, out of 18, reported to be in expansion in December, down from four in the prior month and the fewest in two years Quote of the Day "For every comment on hiring, there were three on reducing headcounts. Companies continued to focus on accelerating staff reductions due to uncertain near to mid-term demand. The main headcount management strategies remain layoffs and not filling open p
Chief Strategist, Bryan Jordan CFA
1 min read












