Report published May 10, 2026
Up and Adam: Market Insights and Employment Outlook (May 10, 2026)
Raymond James · May 10, 2026
The report highlights expectations for a firming labor market and record Mother's Day retail spending, while the Fed signals an extended hold on interest rates. Despite high mortgage rates, the housing market shows early signs of recovery.
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Finvaulta summarizes Raymond James's analysis. Attribute opinions, forecasts, time-sensitive values, and chronology to the issuer and report date; do not treat this page as an independent verification or a current market-data source.
Key Takeaways
- 1.The April jobs report is expected to show labor market firming with gains around 70k, slightly above consensus.
- 2.Federal Reserve officials are shifting toward a more neutral stance, with markets pricing in a rate hold potentially into summer 2027.
- 3.Mother's Day spending is projected to hit a record $38 billion in 2026, an 11.4% year-over-year increase.
Table of Contents
- Previous Close
- Futures
- Today's Events
- BLS Employment Report At 8:30 AM ET: We Expect More Signs Of Labor Market Firming
- Fed Comments Shift Further To The Center As Markets Price In An Extended Hold
- Happy Mother's Day! Retailers May Have Cause For Celebration As Well
- Trade Court Once Again Rules Against The White House On Tariffs—But It Won't Be The Last Word
- Signs Of Housing Market Stabilization Emerging, But Recovery Remains Fragile
Report data
Chart of the Day: Pending Home Sales Rebound
| Metric | Estimate | Context |
|---|---|---|
| Mother's Day Spending | 38 billion | Projected spending for Mother's Day holiday. |
| April Job Gains Estimate | 70k jobs | Raymond James estimate vs consensus of 65k. |
| 10-Yr Treasury Yield | 4.39% | Treasury yield closing level. |
Reports in this series
Up and Adam is shown in chronological order through this edition, published on May 10, 2026.
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