by Calculated Risk on 4/11/2022 08:16:00 PM
From Matthew Graham at Mortgage News Daily: MBS Live Recap: Running Out of Ways to Say “Higher Rates”
o At 6:00 AM ET, NFIB Small Business Optimism Index for March.
o At 8:30 AM, The Consumer Price Index for March from the BLS. The consensus is for 1.2% increase in CPI (up 8.5% YoY) and a 0.5% increase in core CPI (up 6.6% YoY).
On COVID (focus on hospitalizations and deaths):
AgoGoalPercent fully Vaccinated65.8%—>=70.0%1Fully Vaccinated (millions)218.4—>=2321New Cases per Day3?28,92725,877<=5,0002Hospitalized39,24011,064<=3,0002Deaths per Day3500582<=5021 Minimum to achieve “herd immunity” (estimated between 70% and 85%).
2my goals to stop daily posts,
37-day average for Cases, Currently Hospitalized, and Deaths
? Increasing 7-day average week-over-week for Cases, Hospitalized, and Deaths
? Goal met.
This graph shows the daily (columns) and 7-day average (line) of deaths reported.New cases, hospitalizations and deaths are all declining.
Average daily deaths are the lowest since early August 2021.