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Thursday:
• At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for a decrease to 230 thousand from 232 thousand last week.
• At 10:00 AM, Testimony, Fed Chair Jerome Powell, Semiannual Monetary Policy Report to the Congress, Before the Committee on Banking, Housing, and Urban Affairs, U.S. Senate
• Also at 10:00 AM, the ISM Services Index for February.
On COVID (focus on hospitalizations and deaths):
| COVID Metrics | ||||
|---|---|---|---|---|
| Now | Week Ago |
Goal | ||
| Percent fully Vaccinated | 65.0% | — | ≥70.0%1 | |
| Fully Vaccinated (millions) | 215.8 | — | ≥2321 | |
| New Cases per Day3 | 56,253 | 81,212 | ≤5,0002 | |
| Hospitalized3 | 40,190 | 56,955 | ≤3,0002 | |
| Deaths per Day3 | 1,674 | 1,687 | ≤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 declining.
Financial Services
