Daily Rundown
July 16, 2026 Chart of the Day Number of the Day 6.65 - The average 30-year fixed mortgage rate last week, equaling the highest since last August. Quote of the Day “I don’t view a one-time change in prices (a reference to the potential impact of the AI boom) as necessarily being inflationary because there’s a supply response.” Federal Reserve Chair Kevin Warsh Tuesday's Highlights The Beige Book (June-July) showed the economy growing at a “slight to moderate” pace. The PPI (J
Chief Strategist, Bryan Jordan CFA
2 min read
Daily Rundown
July 15, 2026 Chart of the Day Number of the Day -0.2 The percentage change in the core consumer price index in June, the first decline in 15 months and the largest since May 2020. Quote of the Day “There might be some that look at this morning’s data and say, ‘Oh, mission accomplished, everything is swell.’ That is not my view.” Federal Reserve Chair Kevin Warsh Tuesday’s Highlights The CPI (June) fell by 0.4 percent on the month and is now up by 3.5 percent year-over-year.
Chief Strategist, Bryan Jordan CFA
2 min read
Daily Rundown
July 10 ,2026 Chart of the Day Number of the Day 4.6 - The months' supply of existing homes on the market at the current sales pace in June, equaling the most since mid-2016 Quote of the Day "The consumer is worse than we had anticipated, and it's driven mainly by gas prices." - Pepsi CEO Ramon Laguarta Thursday's Highlights Initial unemployment claims (week of 6/28) fell by 2,000 to 215,000. Continuing claims, however, hit a three-month high. Existing home sales (June
Chief Strategist, Bryan Jordan CFA
1 min read
Daily Rundown
July 9, 2026 Chart of the Day Number of the Day 6 - Consecutive weeks in which the average 30-year fixed mortgage rate has held steady at 6.6 percent. Mortgage purchase applications are virtually unchanged over that same time frame. Quote of the Day "...many participants indicated that the appropriate level of the federal funds rate would be within or slightly below the current target range at the end of this year. Many other participants, however, assessed that the appro
Chief Strategist, Bryan Jordan CFA
2 min read




