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Thursday:
• At 8:30 AM ET, Gross Domestic Product, 4th quarter 2021 (Advance estimate). The consensus is that real GDP increased 5.4% annualized in Q4.
• Also, at 8:30 AM, The initial weekly unemployment claims report will be released. The consensus is for a decrease to 260 thousand from 286 thousand last week.
• Also, at 8:30 AM, Durable Goods Orders for December. The consensus is for a 0.5% decrease in durable goods.
• At 10:00 AM, Pending Home Sales Index for December. The consensus is for a 0.3% increase in the index.
• At 11:00 AM, the Kansas City Fed manufacturing survey for January. This is the last of regional manufacturing surveys for January.
On COVID (focus on hospitalizations and deaths):
| COVID Metrics | ||||
|---|---|---|---|---|
| Now | Week Ago |
Goal | ||
| Percent fully Vaccinated | 63.5% | — | ≥70.0%1 | |
| Fully Vaccinated (millions) | 210.9 | — | ≥2321 | |
| New Cases per Day3 | 627,294 | 756,355 | ≤5,0002 | |
| Hospitalized3 | 142,194 | 144,642 | ≤3,0002 | |
| Deaths per Day3🚩 | 2,246 | 1,698 | ≤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 positive tests reported.
Financial Services
