Wednesday:
• At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.
Click on graph for larger image.
• At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.
• At 8:00 AM, Discussion, Fed Chair Powell, Panel on Emerging Challenges for Central Bank Governors in a Digital World, At the Bank for International Settlements (BIS) Innovation Summit 2022 (Virtual)
• At 10:00 AM, New Home Sales for February from the Census Bureau. The consensus is for 815 thousand SAAR, up from 801 thousand in January.
• During the day, The AIA’s Architecture Billings Index for February (a leading indicator for commercial real estate).
On COVID (focus on hospitalizations and deaths):
| COVID Metrics | ||||
|---|---|---|---|---|
| Now | Week Ago |
Goal | ||
| Percent fully Vaccinated | 65.4% | — | ≥70.0%1 | |
| Fully Vaccinated (millions) | 217.1 | — | ≥2321 | |
| New Cases per Day3 | 28,657 | 31,558 | ≤5,0002 | |
| Hospitalized3 | 18,203 | 25,105 | ≤3,0002 | |
| Deaths per Day3 | 861 | 1,167 | ≤502 | |
| 1 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. |
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Click on graph for larger image.
This graph shows the daily (columns) and 7-day average (line) of deaths reported.
New cases, hospitalizations and deaths are now declining.