Thursday:
• At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for an increase to 240 thousand from 232 thousand last week.
Click on graph for larger image.
• At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for an increase to 240 thousand from 232 thousand last week.
• At 9:10 AM, Discussion, Fed Chair Powell, At the Cato Institute’s 40th Annual Monetary Conference
On COVID (focus on hospitalizations and deaths):
| COVID Metrics | ||||
|---|---|---|---|---|
| Now | Week Ago |
Goal | ||
| New Cases per Day2 | 74,803 | 88,644 | ≤5,0001 | |
| Hospitalized2 | 29,491 | 31,842 | ≤3,0001 | |
| Deaths per Day2 | 336 | 414 | ≤501 | |
| 1my goals to stop daily posts, 27-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.
Average daily deaths bottomed in July 2021 at 214 per day.