This just in: CEO Chris Shuba in Financial Planning

The University of Michigan’s consumer sentiment survey tumbled in November, with inflation being a major concern and pushing the index to a decade low, 66.8.

A record number of people quit their job in September, with 4.4 million people leaving their jobs voluntarily. The jobs market continues to be tight, with over 11 million job openings across the country and an area of stress for businesses.

With the vast majority of the S&P 500 having reported third quarter results, the S&P 500 is reporting the second-highest revenue growth in over a decade.

October’s Consumer Price Index showed higher than expected inflation, with prices rising 6.2% year-over-year (0.9% month-over-month) versus an expected 5.9% gain. Energy was a major component of the increase, though other increases were fairly broad-based across the economy. Please see our Research Supplement from Wednesday that got into more of the details.