Economic Overview - The U.S. economy added 50,000 jobs in December 2025, lower than the revised 56,000 in November and below the Dow Jones estimate of 73,000, while the unemployment rate dropped to 4.4%, better than the forecast of 4.5% [1] Wage Growth - Average hourly earnings increased by 0.3% sequentially, aligning with forecasts, while the annual increase of 3.8% exceeded expectations by 0.2 percentage points [2] Sector Performance Healthcare - Healthcare employment rose by 21,000 jobs in December, with hospital employment increasing by 16,000. The sector averaged 34,000 jobs added per month in 2025, slower than the 56,000 average in 2024 [3] - The Health Care Select Sector SPDR ETF (XLV), with 30% exposure to the pharma industry and significant allocations to healthcare providers, equipment, biotech, and life sciences, is positioned to benefit from this moderate momentum [4] - HCA Healthcare (HCA), ranked 3 (Hold), is the largest non-governmental operator of acute care hospitals in the U.S., with a trailing four-quarter earnings surprise of 12.42% on average [5] Food Services & Drinking Places - Employment in food services and drinking places added 27,000 jobs in December, with an average monthly gain of 12,000 jobs in 2025, consistent with the previous year's performance [6] - The AdvisorShares Restaurant ETF (EATZ) is a potential investment opportunity, with Restaurant Brands International (QSR), ranked 2 (Buy), being a notable stock pick in this sector [6] Retail Trade - Retail trade experienced a net loss of 25,000 jobs, with 5,000 jobs gained in electronics and appliance retailing offset by losses in warehouse clubs, supercenters, and food and beverage retailers [7] - Target (TGT), ranked 3, offers a diverse range of products and has about 5% exposure to the Invesco S&P Ultra Dividend Revenue ETF (RDIV) [8] Summary of Sector Trends - Healthcare jobs are steadily increasing, keeping XLV in focus amid moderate sector momentum [9] - Food services hiring remains resilient, supporting investment opportunities in EATZ and QSR [9] - Retail sector faces job losses despite gains in electronics, creating selective pressure on stocks like TGT [9]

Group 1: Leadership Changes - Domino's Pizza Enterprises has appointed Merrill Pereyra as the new CEO for Australia and New Zealand, bringing over 30 years of experience in the quick-service restaurant sector [1] - Pereyra previously served as managing director of Pizza Hut in India, where he improved sales performance and halved store payback periods [1] - George Saoud has been appointed as the group chief operating officer (COO), transitioning from his role as group chief financial officer (CFO) [2] Group 2: Strategic Focus - Saoud's new responsibilities will encompass technology, procurement, and supply chain, in addition to finance, strategy, and capital management [3] - The combined COO and CFO role aims to enhance operational performance, cost management, and sustainable growth across global operations [3] - The appointments are part of Domino's strategy to strengthen operational leadership and advance turnaround priorities [3] Group 3: Executive Chairman's Remarks - Executive chairman Jack Cowin expressed confidence in Pereyra's ability to build franchise relationships and improve business performance in the ANZ market [4] - Cowin highlighted Pereyra's track record in growing same-store sales and unit economics, which are crucial for network expansion [4] - The board is optimistic about the ongoing process to appoint a permanent group CEO following the departure of Mark van Dyck [5]

Core Insights - Alpine Income Property Trust, Inc. has acquired a three-property portfolio for $2.8 million, with a weighted average going-in cash yield of 8.5% [1][2] Property Details - The acquired portfolio consists of properties located in Illinois, Virginia, and Louisiana, totaling 8,890 square feet [2] - Two properties are net leased to Hardee's, a national quick-service restaurant chain, while the third is net leased to Jiffy Lube, a leading automotive services franchise [2] Company Overview - Alpine Income Property Trust, Inc. is a publicly traded real estate investment trust (REIT) focused on delivering attractive risk-adjusted returns and dependable cash dividends [3] - The company invests in, owns, and operates a diversified portfolio of single-tenant net leased commercial income properties, primarily leased to high-quality publicly traded and credit-rated tenants [3]

Core Insights - KFC USA has appointed Melissa Cash as the new chief marketing officer, effective September 16, 2025, as part of a series of executive changes within the company [1][2] - Cash brings over 20 years of brand experience from various sectors, including quick-service restaurants and consumer goods, and previously served as senior vice president and chief brand officer at Wingstop [2] - The company aims to enhance its brand relevance and growth in the U.S. market through bold marketing strategies under Cash's leadership [2][3] Executive Changes - Alongside Cash, KFC USA has appointed Francis "Rico" Arrastia as chief digital and technology officer, effective September 9, 2025, and Tiffany Furman as chief growth officer, who joined in July 2025 [1][4][5] - Sarah Crow has been appointed as chief legal officer, joining the team in March 2025 [1][6] Responsibilities and Goals - In her role, Cash will oversee various aspects of marketing, including brand strategy, food innovation, integrated marketing, and e-commerce [3] - Arrastia will focus on modernizing KFC's digital and technology strategy to enhance customer experiences and drive loyalty [4][5] - Furman, as chief growth officer, will leverage her previous experience in finance and development to support KFC's growth initiatives [5]