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Wednesday:
• At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.
• At 10:00 AM, Pending Home Sales Index for March. The consensus is for a 1.8% decrease in the index.
• Also, at 10:00 AM, the Q1 2022 Housing Vacancies and Homeownership from the Census Bureau.
On COVID (focus on hospitalizations and deaths):
| COVID Metrics | ||||
|---|---|---|---|---|
| Now | Week Ago |
Goal | ||
| Percent fully Vaccinated | 66.1% | — | ≥70.0%1 | |
| Fully Vaccinated (millions) | 219.4 | — | ≥2321 | |
| New Cases per Day3🚩 | 47,407 | 37,471 | ≤5,0002 | |
| Hospitalized3🚩 | 10,300 | 9,791 | ≤3,0002 | |
| Deaths per Day3 | 330 | 372 | ≤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.
Deaths are declining week-over-week, but new cases and hospitalizations are increasing.
Average daily deaths bottomed in July 2021 at 214 per day.
Financial Services
