---
title: Friday Fast Five - 10/6/2023
description: We aim to help investors separate the news from the noise by providing our perspective. Every Friday the Hodges Capital research analysts list the five most interesting things they discovered that week. Subscribe to receive the Hodges Friday Fast Five in your inbox every Friday.
image: https://blog.hodgescapital.com/hubfs/Hodges-FridayFastFive.jpg
---

[![Hodges-Logo-1](https://blog.hodgescapital.com/hs-fs/hubfs/Hodges-Logo-1.png?width=215&height=98&name=Hodges-Logo-1.png "Hodges-Logo-1")](https://www.hodgescapital.com/)

[![Connect With Us](https://hubspot-no-cache-na2-prod.s3.amazonaws.com/cta/default/9402040/5025aacb-6e9a-4ab0-8651-1dfa57e962c6.png)](https://hubspot-cta-redirect-na2-prod.s3.amazonaws.com/cta/redirect/9402040/5025aacb-6e9a-4ab0-8651-1dfa57e962c6)

** **

[![](https://blog.hodgescapital.com/hs-fs/hubfs/Hodges-Logo-1.png?width=521&height=237&name=Hodges-Logo-1.png)](https://blog.hodgescapital.com/)

[![Connect With Us](https://hubspot-no-cache-na2-prod.s3.amazonaws.com/cta/default/9402040/5025aacb-6e9a-4ab0-8651-1dfa57e962c6.png)](https://hubspot-cta-redirect-na2-prod.s3.amazonaws.com/cta/redirect/9402040/5025aacb-6e9a-4ab0-8651-1dfa57e962c6)

** **

**Menu**

** **

![Outside 1-1-2](https://blog.hodgescapital.com/hs-fs/hubfs/Outside%201-1-2.jpeg?width=4106&name=Outside%201-1-2.jpeg "Outside 1-1-2")

# Hodges Friday Fast Five

*"In the investment business, you go to school every day, but never graduate." - Don Hodges*

 

# Friday Fast Five - 10/6/2023

by [Hodges Investment Team](https://blog.hodgescapital.com/capital-fast-five/author/hodges-investment-team), on October 6, 2023

Five interesting things that Hodges Capital research analysts discovered this week...

**#1 ****ROAD CONSTRUCTION AHEAD**: For the first time in its history, the Texas Department of Transportation’s 10-year planning and construction program has surpassed $100 billion in current and future projects (Dallas Morning News).

**#2**** ****GREAT TEXAS LAND RUSH: **Without a doubt, more people are moving to Texas to live and do business, averaging 1,960 people per day. Since 2013, Texas has added 4 million new residents – an amount roughly equal to the population of the entire state of Oklahoma (Dallas Morning News).

**#3 ****SEPTEMBER SLIDE: **September was the 4th year in a row that the S&P 500 (-4.8%) and the STOXX 600 were down for September, as well as the 7th year in a row that Bloomberg’s global bond aggregate was down for the month (Deutsche Bank).

**#4 ****THE KIDS ARE NOT ALRIGHT: **A new Gallup report proclaimed that only 15% of young adults (ages 18-26) polled in 2023 said their mental health was “excellent,” compared to 51% and 55% of young adults polled in 2013 and 2004, respectively.

**#5 ****RED RIVER FLOOD: **The football teams from Texas and Oklahoma will face off on Saturday for their 43rd meeting as ranked rivals, and this will be only the third time both teams are at least 5-0 (2002 and 2008). The Allstate Playoff Predictor has given the winner of the game a 70% chance to reach the College Football Playoff. Expectations are high, and so are ticket prices. According to TicketCity’s founder, the average ticket order value has risen 30% compared to last year, and the cheapest seats cost about $425. The Dallas Sports Commission has also estimated the annual Red River Showdown drives a $50 million economic impact on the area.

 

 *HCM is an Investment Advisory Firm registered with the Securities and Exchange Commission (“SEC”), is a wholly owned subsidiary of Hodges Capital Holdings and serves as investment advisor to the Hodges Funds. HCM is affiliated with First Dallas Securities, Inc, a broker-dealer, and investment advisor registered with the SEC.*

*This discussion is not intended to be a forecast of future events and should not be considered a recommendation to buy or sell any security. Past performance is not indicative of future results. Investing involves risk. Principal loss is possible. Investing in smaller companies involves additional risks such as limited liquidity and greater volatility. No current or prospective client should assume that information referenced in this communication is a recommendation to buy or sell any security or is a substitute for personalized investment advice from your individual advisor. HCM does not provide tax or legal advice. Consult your tax or legal advisor for any related questions.*

*All information referenced herein is from sources believed to be reliable and is provided as general market commentary and does not constitute investment advice. This material was created for informational purposes only and the opinions expressed are solely those of HCM. HCM shall not in any way be liable for claims and makes no expressed or implied representations or warranties as to the accuracy or completeness of the data and other information. The data and information are provided as of the date referenced and are subject to change without notice.*

### Hodges Friday Fast Five

We aim to help investors separate the news from the noise by providing our perspective. Every Friday the Hodges Capital research analysts list the five most interesting things they discovered that week. Subscribe to receive the Hodges Friday Fast Five in your inbox every Friday. 

- [Recent](https://blog.hodgescapital.com/capital-fast-five/10/6/2023#recent)
- [Topics](https://blog.hodgescapital.com/capital-fast-five/10/6/2023#topics)
- [Archive](https://blog.hodgescapital.com/capital-fast-five/10/6/2023#archive)

- [June 2023 (11)](https://blog.hodgescapital.com/capital-fast-five/archive/2023/06)
- [July 2023 (5)](https://blog.hodgescapital.com/capital-fast-five/archive/2023/07)
- [September 2023 (5)](https://blog.hodgescapital.com/capital-fast-five/archive/2023/09)
- [August 2024 (5)](https://blog.hodgescapital.com/capital-fast-five/archive/2024/08)
- [August 2025 (5)](https://blog.hodgescapital.com/capital-fast-five/archive/2025/08)
- [October 2025 (5)](https://blog.hodgescapital.com/capital-fast-five/archive/2025/10)
- [January 2026 (5)](https://blog.hodgescapital.com/capital-fast-five/archive/2026/01)
- [December 2021 (4)](https://blog.hodgescapital.com/capital-fast-five/archive/2021/12)
- [August 2023 (4)](https://blog.hodgescapital.com/capital-fast-five/archive/2023/08)
- [October 2023 (4)](https://blog.hodgescapital.com/capital-fast-five/archive/2023/10)
- [December 2023 (4)](https://blog.hodgescapital.com/capital-fast-five/archive/2023/12)
- [January 2024 (4)](https://blog.hodgescapital.com/capital-fast-five/archive/2024/01)
- [February 2024 (4)](https://blog.hodgescapital.com/capital-fast-five/archive/2024/02)
- [March 2024 (4)](https://blog.hodgescapital.com/capital-fast-five/archive/2024/03)
- [April 2024 (4)](https://blog.hodgescapital.com/capital-fast-five/archive/2024/04)
- [May 2024 (4)](https://blog.hodgescapital.com/capital-fast-five/archive/2024/05)
- [June 2024 (4)](https://blog.hodgescapital.com/capital-fast-five/archive/2024/06)
- [September 2024 (4)](https://blog.hodgescapital.com/capital-fast-five/archive/2024/09)
- [October 2024 (4)](https://blog.hodgescapital.com/capital-fast-five/archive/2024/10)
- [November 2024 (4)](https://blog.hodgescapital.com/capital-fast-five/archive/2024/11)
- [March 2025 (4)](https://blog.hodgescapital.com/capital-fast-five/archive/2025/03)
- [April 2025 (4)](https://blog.hodgescapital.com/capital-fast-five/archive/2025/04)
- [May 2025 (4)](https://blog.hodgescapital.com/capital-fast-five/archive/2025/05)
- [June 2025 (4)](https://blog.hodgescapital.com/capital-fast-five/archive/2025/06)
- [September 2025 (4)](https://blog.hodgescapital.com/capital-fast-five/archive/2025/09)
- [November 2025 (4)](https://blog.hodgescapital.com/capital-fast-five/archive/2025/11)
- [December 2025 (4)](https://blog.hodgescapital.com/capital-fast-five/archive/2025/12)
- [February 2026 (4)](https://blog.hodgescapital.com/capital-fast-five/archive/2026/02)
- [March 2026 (4)](https://blog.hodgescapital.com/capital-fast-five/archive/2026/03)
- [May 2026 (4)](https://blog.hodgescapital.com/capital-fast-five/archive/2026/05)
- [March 2023 (3)](https://blog.hodgescapital.com/capital-fast-five/archive/2023/03)
- [November 2023 (3)](https://blog.hodgescapital.com/capital-fast-five/archive/2023/11)
- [July 2024 (3)](https://blog.hodgescapital.com/capital-fast-five/archive/2024/07)
- [December 2024 (3)](https://blog.hodgescapital.com/capital-fast-five/archive/2024/12)
- [January 2025 (3)](https://blog.hodgescapital.com/capital-fast-five/archive/2025/01)
- [February 2025 (3)](https://blog.hodgescapital.com/capital-fast-five/archive/2025/02)
- [July 2025 (3)](https://blog.hodgescapital.com/capital-fast-five/archive/2025/07)
- [April 2026 (3)](https://blog.hodgescapital.com/capital-fast-five/archive/2026/04)
- [June 2026 (3)](https://blog.hodgescapital.com/capital-fast-five/archive/2026/06)
- [February 2023 (2)](https://blog.hodgescapital.com/capital-fast-five/archive/2023/02)
- [April 2023 (2)](https://blog.hodgescapital.com/capital-fast-five/archive/2023/04)
- [April 2021 (1)](https://blog.hodgescapital.com/capital-fast-five/archive/2021/04)
- [June 2021 (1)](https://blog.hodgescapital.com/capital-fast-five/archive/2021/06)
- [November 2021 (1)](https://blog.hodgescapital.com/capital-fast-five/archive/2021/11)

[More...](https://blog.hodgescapital.com/capital-fast-five/10/6/2023#)

### Subscribe to the Hodges Friday Fast Five

Hodges Capital Management, Inc. 

2905 Maple Avenue

Dallas, TX 75201

 

Toll Free: [(888) 878 4426](tel:+18888784426)  
Local: [(214) 954-1177](tel:2149541177)

 

[Regulatory Disclosures](https://www.hodgescapital.com/advisory-disclosures)

 

<https://www.linkedin.com/company/hodges-capital/> <https://www.youtube.com/@hodgescapital2056> <https://www.facebook.com/p/Hodges-Private-Client-100070820943107/> <https://www.instagram.com/hodgescapitalmgmt/> <https://twitter.com/HodgesCapital>

## Contact Hodges Capital

Copyright © 2023 | Hodges Capital Management | All Rights Reserved.  
Web Site Development by: [Goodwood Consulting](https://www.goodwood-consulting.com/)

[Terms & Conditions](https://blog.hodgescapital.com/hubfs/Footer%20Links/HCM_Terms%20and%20Conditions_website_%202023_FINAL.docx) | [Privacy Policy](https://blog.hodgescapital.com/hubfs/Footer%20Links/Privacy_Policy.docx) | [Cookies Policy](https://blog.hodgescapital.com/hubfs/Footer%20Links/Cookies_Policy.docx) | [SMS Privacy Policy](https://www.hodgescapital.com/sms-privacy-policy) | [SMS Terms of Use](https://www.hodgescapital.com/sms-terms-of-use)<https://blog.hodgescapital.com/hubfs/Footer%20Links/Cookies_Policy.docx>

## Hodges Mutual Funds

You are now leaving the Hodges Capital website and entering the Hodges Funds website. Do you wish to continue?

[Yes](https://hodgesfunds.com/)

## Hodges Private Client

You are now leaving the Hodges Capital website and entering the Hodges Funds website. Do you wish to continue?

[Yes](https://www.hodgescapital.com/hpc)

```json
{
  "@context" : "https://schema.org",
  "@type" : "BlogPosting",
  "author" : {
    "@type" : "Person",
    "name" : "Hodges Investment Team",
    "url" : "https://blog.hodgescapital.com/capital-fast-five/author/hodges-investment-team"
  },
  "dateModified" : "2023-10-06T16:38:05.847Z",
  "datePublished" : "2023-10-06T12:00:00.000Z",
  "headline" : "Friday Fast Five - 10/6/2023",
  "image" : [ "https://blog.hodgescapital.com/hubfs/Hodges-FridayFastFive.jpg" ],
  "mainEntityOfPage" : {
    "@id" : "https://blog.hodgescapital.com/capital-fast-five/10/6/2023",
    "@type" : "WebPage"
  },
  "publisher" : {
    "@type" : "Organization",
    "logo" : {
      "@type" : "ImageObject",
      "url" : "https://blog.hodgescapital.com/hubfs/Hodges-Capital-Color-1.png"
    },
    "name" : "Hodges Private Client"
  }
}
```