by Calculated Risk on 3/09/2022 08:59:00 PM
o At 8:30 AM ET, The Consumer Price Index for February from the BLS. The consensus is for a 0.8% increase in CPI, and a 0.5% increase in core CPI. The consensus is for CPI to be up 7.9% Year-over-year (YoY), and core CPI to be up 6.4% YoY.
o Also at 8:30 AM, The initial weekly unemployment claims report will be released. The consensus is for a decrease to 210 thousand from 215 thousand last week.
o At 12:00 PM, Q4 Flow of Funds Accounts of the United States from the Federal Reserve.
On COVID (focus on hospitalizations and deaths):
AgoGoalPercent fully Vaccinated65.2%—>=70.0%1Fully Vaccinated (millions)216.4—>=2321New Cases per Day337,87955,018<=5,0002Hospitalized328,09040,581<=3,0002Deaths per Day31,1611,683<=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 now declining.