by Calculated Risk on 5/24/2022 09:01:00 PM
o At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.
o At 8:30 AM, Durable Goods Orders for April from the Census Bureau. The consensus is for a 0.6% increase in durable goods orders.
o At 2:00 PM, FOMC Minutes, Minutes Meeting of May 3-4, 2022
On COVID (focus on hospitalizations and deaths):
AgoGoalPercent fully Vaccinated66.6%—>=70.0%1Fully Vaccinated (millions)221.0—>=2321New Cases per Day3?104,48095,207<=5,0002Hospitalized3?19,21816,424<=3,0002Deaths per Day3279284<=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.
Click on graph for larger image.
This graph shows the daily (columns) and 7-day average (line) of deaths reported.New cases have more almost quadrupled from the recent low, and hospitalizations are increasing week-over-week.
Average daily deaths bottomed in July 2021 at 214 per day.
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